The government has approved the Uttar Poorva Transformative Industrialization Scheme, 2024, with a budget of Rs 10,037 crore, aimed at boosting industrial growth and employment in the northeastern states. The scheme aims to drive economic activity in manufacturing and services, leading to holistic socio-economic development. It seeks to generate employment, uplift socio-economic status, and create a conducive environment for economic activities. Under the scheme, investors will be incentivized to set up new units or expand existing ones, contributing to the region's industrial growth and economic prosperity.
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