🔆 UNNATI – 2024: Transforming Industrialization in Northeast India 📍 Context ✅ The Union Cabinet approved the Uttar Poorva Transformative Industrialization Scheme (UNNATI – 2024) for a 10-year period to boost industrialization and employment in the Northeast Region (NER). 📍 Key Features of UNNATI – 2024 ✅ Type of Scheme: A Central Sector Scheme, not a Centrally Sponsored Scheme. ✅ Objective: Generate gainful employment, drive industrial growth, and strengthen the manufacturing & service sectors in the Northeast. 📍 Major Incentives Under UNNATI: ✅ Capital Interest Subvention Provides financial relief to businesses investing in plant & machinery (manufacturing) or building & physical assets (services). Interest subsidy applies only up to ₹250 crore in principal loan amount. ✅ Capital Investment Incentive Supports both new (greenfield) and expanding (brownfield) industries. #government_schemes