{"id":286350,"date":"2024-03-09T18:35:56","date_gmt":"2024-03-09T13:05:56","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=286350"},"modified":"2024-03-09T18:35:56","modified_gmt":"2024-03-09T13:05:56","slug":"unnati-2024-uttar-poorva-transformative-industrialization-scheme-2024","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/unnati-2024-uttar-poorva-transformative-industrialization-scheme-2024\/","title":{"rendered":"UNNATI 2024- Uttar Poorva Transformative Industrialization Scheme 2024"},"content":{"rendered":"<p><b>Source-\u00a0<\/b>The post on<strong> UNNATI 2024<\/strong><span class=\"EOP SCXW177726162 BCX8\" data-ccp-props=\"{}\">\u00a0<\/span>is based on the article<strong>\u00a0\u201c<a href=\"https:\/\/pib.gov.in\/PressReleasePage.aspx?PRID=2012360\" target=\"_blank\" rel=\"noopener\">Cabinet approves Uttar \u00a0Poorva Transformative Industrialization Scheme, 2024<\/a>\u201d<\/strong>\u00a0published in\u00a0<strong>\u201cPIB<\/strong><b>\u201d <\/b>on\u00a07th March 2024.<\/p>\n<h2>What is the News?<\/h2>\n<p>Recently, Ministry of Commerce and Industry, Department for Promotion of Industry and Internal Trade proposed Uttar Poorva Transformative Industrialization Scheme, 2024 (UNNATI \u2013 2024).<\/p>\n<h2>About Uttar Poorva Transformative Industrialization Scheme, 2024 (UNNATI \u2013 2024)<\/h2>\n<figure id=\"attachment_286393\" aria-describedby=\"caption-attachment-286393\" style=\"width: 496px\" class=\"wp-caption alignnone\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-286393\" src=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2024\/03\/UNNATI-2024.png?resize=496%2C285&#038;ssl=1\" alt=\"UNNATI 2024\" width=\"496\" height=\"285\" srcset=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2024\/03\/UNNATI-2024.png?resize=300%2C172&amp;ssl=1 300w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2024\/03\/UNNATI-2024.png?w=742&amp;ssl=1 742w\" sizes=\"auto, (max-width: 496px) 100vw, 496px\" \/><figcaption id=\"caption-attachment-286393\" class=\"wp-caption-text\">Source- PIB<\/figcaption><\/figure>\n<table style=\"width: 100%; border-style: solid;\">\n<tbody>\n<tr>\n<td style=\"width: 18.1373%;\"><strong>Aspect\u00a0<\/strong><\/td>\n<td style=\"width: 81.1275%;\"><strong>Details<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 18.1373%;\"><strong>Description<\/strong><\/td>\n<td style=\"width: 81.1275%;\">i) Uttar Poorva Transformative Industrialization Scheme, 2024 (UNNATI \u2013 2024) is\u00a0for the <span style=\"color: #ff0000;\">development of Industries and generation of employment <span style=\"color: #333333;\">in the states of<\/span> <a href=\"https:\/\/forumias.com\/blog\/cabinet-approves-continuation-of-schemes-of-ministry-of-development-of-north-eastern-region\/#gsc.tab=0\" target=\"_blank\" rel=\"noopener\">North East Region<\/a>.<br \/>\n<span style=\"color: #333333;\">ii) It is a<\/span> central sector scheme.\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 18.1373%;\"><strong>Objective<\/strong><\/td>\n<td style=\"width: 81.1275%;\">To <span style=\"color: #ff0000;\">generate gainful employment,<\/span> leading to the overall socio-economic development.<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 18.1373%;\"><strong>Concerned Ministry<\/strong><\/td>\n<td style=\"width: 81.1275%;\">Ministry of Commerce and Industry<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 18.1373%;\"><b>Funding<\/b><\/td>\n<td style=\"width: 81.1275%;\">Rs.10,037 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 18.1373%;\"><b>Duration<\/b><\/td>\n<td style=\"width: 81.1275%;\">10 years from the date of notification along with 8 years for committed liabilities<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 18.1373%;\"><b>Features<\/b><\/td>\n<td style=\"width: 81.1275%;\">i) <span style=\"color: #ff0000;\">Commencement of Production or operation<\/span>: All eligible Industrial Units to commence their production or operation within 4 years from the grant of registration.<br \/>\nii) <span style=\"color: #ff0000;\">Districts are categorized in two zones<\/span>: Zone A (Industrially Advanced Districts) &amp; Zone B (Industrially Backward Districts)<br \/>\niii) <span style=\"color: #ff0000;\">Earmarking of funds<\/span>: 60% of the outlay of Part A has been earmarked to 8 NE states and 40% on First-In-First-Out (FIFO) basis.<br \/>\niv) All new Industrial units and Expanding units would be eligible for the respective incentives.<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 18.1373%;\"><strong>Benefits<\/strong><\/td>\n<td style=\"width: 81.1275%;\">i) It will create <span style=\"color: #ff0000;\">productive economic activity<\/span> in the manufacturing and service sectors.<br \/>\nii) It is anticipated that<span style=\"color: #ff0000;\"> direct employment opportunities<\/span> for about\u00a083,000 individuals\u00a0will be generated during the scheme period, with additional indirect employment.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>UPSC Syllabus: Schemes and Programmes<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source-\u00a0The post on UNNATI 2024\u00a0is based on the article\u00a0\u201cCabinet approves Uttar \u00a0Poorva Transformative Industrialization Scheme, 2024\u201d\u00a0published in\u00a0\u201cPIB\u201d on\u00a07th March 2024. What is the News? Recently, Ministry of Commerce and Industry, Department for Promotion of Industry and Internal Trade proposed Uttar Poorva Transformative Industrialization Scheme, 2024 (UNNATI \u2013 2024). About Uttar Poorva Transformative Industrialization Scheme, 2024&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/unnati-2024-uttar-poorva-transformative-industrialization-scheme-2024\/\">Continue reading <span class=\"screen-reader-text\">UNNATI 2024- Uttar Poorva Transformative Industrialization Scheme 2024<\/span><\/a><\/p>\n","protected":false},"author":10366,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,956],"tags":[11872],"class_list":["post-286350","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-schemes-and-programs","tag-9pm-daily-factly","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/286350","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10366"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=286350"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/286350\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=286350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=286350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=286350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}