• Capital Subsidy @15% of investment upto Rs 200 Cr to be provided in 5 annual instalments
• Interest Subsidies –
o @5% p.a. for 5yrs on loan taken for procurement of P&M, upto max Rs 1 Cr p.a. per unit; Addtl subsidy @2% p.a for 7yrs for units in Bundelkhand and Purvanchal Districts
o @5% p.a. for 5yrs on loan taken for building infra self-use, upto max Rs 1 Cr p.a. per unit;
o @50% p.a. for 5yrs on loan taken for Research quality improvement, upto max Rs 2 Cr. per unit;

• Electricity Duty Exemption: 100% exemption for 10yrs
• Stamp Duty exemption @100%
• Waste Management incentives –
o Interest subsidy for loan taken to set up waste management setup @50% annual for 5 yrs upto max Rs 10 lakh;
o For setting up common boiler project: @35% (in case of solid fuel) and @50% (in case of clean fuel) of the fixed installation cost, upto Rs 2 Cr

• Patent Filing – Reimbursement of 100% of actual filing costs on domestic patents and 50% of actual filing costs on international patents
• Quality Certification – Reimbursement of 75% of cost incurred for ISO certification and 50% of cost incurred for BIS certification
• Skill Development incentive as refund of stipend for training under NAPS & CMAPS for 6 months for a maximum of 10 trainees
• Incentives for R&D and Innovations
• For setting up R&D institutes – Reimbursement of 60% of annual interest on loan
• For Clinical Trials – Reimbursement of 75% of total expenditure
• For Contract / sponsored research – 50% subsidy on eligible project cost to institutes situated within UP
• Special Package for units setting up at Bulk Drug Parks & Medical Device Parks
• Interest subsidy: For 10 years to units established in Bulk Drug Parks/Medical Device Parks
• Air Cargo handling and freight charges incentive: at rate decided by State Govt from time to time to transport raw material and finished goods in and out of the country
• Incentives to Pharma Park –
Horizontal Pharma Park developed over min 10acres of land and Vertical Pharma Park developed over min 3 acres of land will be provided following –

• Interest Subsidies–
o @50% annual on loan taken to buy land for 7 years upto max. Rs 1 Cr per annum per park;
o @60% annual on loan taken to build infra for 7 years upto max. Rs 50 Cr per park;
o @60% annual on loan taken to build common facilities for 7 years upto max. Rs 30 crore per park
• Capital Subsidy: @25% of FCI (common infra & utilities) upto max Rs 25 Cr in 5years
• Stamp duty exemptionat the rate of 100% to developers and 50% to units (1st)
• Grant for setting up CETP: @40% of project cost to set up CETP/ Waste Management System up Rs 10 Cr. Total support by GoI and GoUP shall not exceed 75% of the total FCI incurred in this purpose.

Other incentives

• R&D incentivesincluding those for setting up R&D centres, clinical trials & executing research contract are at par to what other States are providing (Mostly, Guj. is adopted)
• Start-up incentivesas per New Start-up Policy 2022, or may be omitted in the policy, as they will be covered under State Startup Policy 2022.
Promulgated to establish Uttar Pradesh as the best export hub in the country by providing world class infrastructure and capacity building of concerned stakeholders through single window system and to explore new potential markets for existing and innovative products of the state by making best use of the state’s resources. Following are the policy highlights:

• Restructuring of Tvarit Niryat Protsahan Yojna to make it WTO compliant.
• Establishment of Centre State Coordination Cell
• Establishment of a single window system for faster processing of export related documentation and speedy redressal of exporter’s grievances.
• To establish a dedicated GST cell for exporters to address their grievances and export related issues
• Identification, assistance in registration and branding of Geographical Indication (GI) products.
• Establishment of a B2B exchange, which would facilitate small and micro units of the State to take up online trading.
• Introduction of Green card facility for the exporters with an appreciable track record for easing out the clearance mechanism.
• Development of export infrastructure facilities in export oriented districts under TIES scheme of GoI and launch a state-specific scheme for creation of export related infrastructure on similar lines as that of Trade Infrastructure Export scheme (TIES) of Government of India.
• Provision to provide an additional Floor Area Ratio(FAR) of 25% to the export units for GoUP promoted Flatted Industrial Parks.
• To provide special provisions to boost services exports from the state.
• Fiscal Incentives will be provided to the exporters in terms of transport subsidy, electricity duty, market development assistance, certification etc.
• To create a strong analytical database on exports and exporters in Uttar Pradesh
• To promote Public-Private initiative for developing competitive export infrastructure
• To strengthen institutional framework for State Level Export Promotion Council, State Level Export Promotion Committee and District Level Export Promotion Committee
• Constitution of District Export Promotion Council, chaired by the District Magistrate and Deputy Commissioner – Industries as member secretary. The chairmen of leading industrial associations and industrial units of the district will be the members of the council. The council will organize meeting to discuss and resolve the problems of industries of the district.
• Customized capacity building workshop across the State to develop knowledge about export practices among the entrepreneurs and Government officials
• To address the export related issues at district level, State Government will setup a mechanism i.e. District Level Empowered Committee (Zila Niryat Bandhu) headed by Collector. The issues that are not resolved and policy related matters will be referred to Niryat Bandhu.
• To provide export credit at competitive rates, each district with appreciable export potential should have at least one MSME devoted branch of the bank for providing enhance credit support to the units.
• To increase exports from various sectors sectoral/ product–based advisory committees shall be constituted. Sectoral EPCs, expert agencies, state and central departments and the state NRI department shall be a part of the advisory committees.