The Ministry of Commerce and Industry (MoC&I) on March 09, 2024, issued the Uttar Poorva Transformative Industrialization Scheme (UNNATI), 2024.
The following has been stated:
• Coverage:
The Scheme will cover all 8 North-Eastern States, namely Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, and Tripura.
• Application period for registration:
Registration shall commence from March 09, 2024, and will continue till March 31, 2026 subject to the guidelines issued in this regard. Notwithstanding the permissible period of registration till March 31, 2026, further grant of registration and receipt of application in the portal under the scheme will be stopped prior to this period if the projected financial liability of the units that are granted registration reaches 115% of the total financial outlay of the scheme. Further, details for registration will be issued separately in the registration guidelines of the scheme.
o Merely applying for registration will not entitle any applicant to claim incentives under this scheme. Further details for claiming incentives shall be provided in the claim guidelines of this scheme.
o No unit will have the right to register under this scheme or claim the benefits unless it is specifically approved by the competent authority as laid out in the guidelines.
o The registration will be granted by the competent authority as laid out in the guidelines, which will, inter alia, consider the prima facie eligibility of the unit and availability of approved funds.
o All units willing to avail of incentive(s) under this scheme have to apply for registration through the online portal.
This notification will come into force from March 09, 2024, and will remain in force up to and inclusive of March 08, 2034, and 8 more years for meeting committed liabilities.
[Notification No P-44015/1/2023-DBA-II]
