UNNATI scheme a gamechanger initiative by PM Narendra Modi, says Sarbananda Sonowal
Sarbananda Sonowal, has said that the UNNATI scheme announced by the Union cabinet is a gamechanger initiative by PM Narendra Modi, which is going to boost development of newer industries in the Northeast.
Sonowal stated, “The UNNATI 2024 is a gamechanger initiative by PM Narendra Modi ji which going to boost development of newer industries in the Northeast. The vision of our Prime Minister Narendra Modi ji for the region as the Powerhouse of India's economic growth is being realised with this massive initiative for economic growth and huge prospect for employment generation in the region. With a financial outlay of more than Rs 10,000 crores, the Northeast adds another reason for newer investment by manufacturing companies to set up their plants. Modiji's commitment to empower 'Act East policy' through the UNNATI 2024 will not only propel growth in the region but also act as a multiplier for trade and commerce of India with Southeast Asia."
The Union Cabinet approved the proposal of the Ministry of Commerce and Industry, Department for Promotion of Industry and Internal Trade for Uttar Poorva Transformative Industrialization Scheme, 2024 (UNNATI – 2024) for a period of 10 years from the date of notification along with 8 years for committed liabilities at a total cost of Rs.10,037 crore.
The financial outlay of the proposed scheme is Rs.10,037 crore for the scheme period from the date of notification for 10 years. (Additional 8 years for committed liabilities). This will be a Central Sector Scheme. The scheme is
