UNNATI Scheme: Boosting Industrial Development

• 08 Mar 2024

On 7^th March, government approved Uttar Poorva Transformative Industrialization Scheme (UNNATI) for northeast states.

Key Points

• Employment Generation: Main objective is to generate gainful employment in the region.
• Economic Activity: Scheme targets productive economic activity in manufacturing and service sectors.
• Incentives for Investors: Investors to receive incentives for setting up new units or expanding existing ones.
• Duration and Liabilities: Scheme effective from notification date till March 31, 2034. Committed liabilities for eight years.