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Industry needs to invest in the Northeast as much as possible

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Guwahati, July 8: Union Minister of Commerce and Industry, Piyush Goyal has assured the industry representatives in Northeast that their suggestions and grievances on the new industrial policy for the Northeast would be given due consideration.

The Centre has launched the Uttar Poorva Transformative Industrialization Scheme (UNNATI), 2024- the new industrial policy for the Northeast after a lot of delays.

Goyal was in Itanagar on Monday to attend the Industry and Investor Outreach Program, Samvad – 2024 to motivate investors and entrepreneurs to expand the industrial landscape in the northeastern region. The programme organized by the Department for Promotion of Industry and Internal Trade (DPIIT) witnessed comprehensive presentations on all schemes of DPIIT, along with UNNATI-2024 of the Ministry of Commerce and Industry.

During the event, the Minister launched the Handbook for Registration and Claim Guidelines for the UNNATI-2024 in the presence of the Chief Minister of Arunachal Pradesh Pema Khandu, Union Minister for Parliamentary and Minority Affairs Kiren Rijiju and other senior ministers. Bimal Borah, Minister of Industry, Government of Assam also graced the event.

During an open discussion session regarding the UNNATI scheme, investors from the northeastern states shared their feedback and expressed gratitude to the government for introducing a policy poised to transform the industrial ecosystem in the northeastern states and boost employment opportunities. Investors from various sectors also shared their experiences with previous initiatives of the Government of India.

The investors suggested improving the UNNATI scheme, including eligibility for the industries that came up during 2022-24 and reducing the minimum investment limit for micro-enterprises, among several other suggestions. Goyal assured the industry representatives that their suggestions and grievances would be examined appropriately. He also encouraged them to invest as much as possible. The Minister of Commerce and Industry also distributed registration certificates to 10 eligible unit holders registered under the UNNATI scheme.

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The stakeholders, including startups, industrialists, bankers and industrial associations from the northeast expressed their appreciation for this initiative and pledged to work collaboratively to contribute to its development.

Also Read: Body of Indian Army soldier from Assam recovered nine months after avalanche in Ladakh

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