Type of Project | Minimum Investment | Minimum Size |
---|---|---|
Parks | ||
Logistics Parks | – | 25 Acres |
Truckers Parks | – | 10 Acres |
Storage Facilities | ||
Warehousing facility | INR 20 Crores | 1 lakh sq. ft. |
Silos | INR 30 Crores | 4 acres |
Cold chain facility | INR 15 Crores | 20,000 sq. ft. |
Dry ports | ||
Container Freight Station (CFS) or Inland Container Depot (ICD) | INR 50 Crores | 10 Acres |
Cargo Terminals (Type A) | Projects approved under GoI GCT Scheme 2 | – |
Cargo Terminals (Type B) | INR 20 Crores | 10 Acres |
Other Facilities | ||
Berthing Terminals | INR 20 Crores | Minimum Capacity of 5000 tons |
Inland Vessels | – | Minimum Capacity of 1000 tons |
Incentives offered to eligible projects before commencement of commercial operations.
Stamp duty exemption
o Storage facilities: @100% in Bundelkhand, Purvanchal, @75% in Madhyanchal & Paschimanchal (except GBN, GHZ) and 50% in GBN & GHZ
o Dry ports, Logistics parks & Truckers Park: 100%
Concession of land use conversion for all eligible projects @75%
Exemption of Development Charges for all eligible projects @75%
Ground Coverage
o Storage facilities & Dry ports: upto 60%
o Logistics Park: overall ground coverage of 60%
Incentives offered to eligible projects on commencement of commercial operations.
Capital Subsidy:
o Storage facilities: @15% upto INR 5 Cr anywhere in UP and upto INR 10 Cr in designated Logistics Zones
o Dry ports & Logistics Parks: @25% upto INR 25 Cr anywhere in UP & upto INR 50 Cr in designated Logistics Zones
o Berthing Terminal: @25% upto INR 15 Cr subject to max 6 terminals
o Cargo Terminals(GCT approved, non-approved each):@20% upto INR 15 Cr
Land provided on PPP basis for 35years BOOT model to developers of Cargo/ Berthing Terminals
Electricity Duty Exemption@ 100% or 10 years
Quality certification cost reimbursement for storage facilities upto INR 5 lakh per project
Purchase subsidy for Inland Vessels@ 25% upto INR 5 Cr subject to max. 50 vessels
Skill development subsidy
Industry status granted to units defined in terms of land use. No need for land use change from commercial to industrial. Also, Industrial FARis applied to such projects. Additionally,industrial land rates are appliedto such projects for land allotment in areas reserved for industrial activity in industrial areas
Fast track land allotment:
o Eligibility:Logistics Parks as defined in this policy with minimum Capital Investment of INR 500 Crores
o In industrial areas where direct land allotment is allowed, the concerned IDA will directly allot the plot in favour of investor. In case of multiple application,
highest investor will be allotted.
o In Industrial areas where land is allotted through auction, land will be allotted directly at Base rate of the Plot + additional 15% of the base rate.
In case of multiple application, highest investor will be allotted.
o In areas outside any IDA/ DA or Urban Local body, State to acquire land 1.25 times of that required by eligible unit so that a minimum of 4 more industrial/
logistics units can be set up in the additional land so acquired and a logistics cluster can be developed
Designated Logistics Zones: Strategic areas in proximity to key infrastructure projects such as in WDFC-EDFC, Expressways, Jewar Airport, etc will be notified. Addtl incentives proposed for investing in such zones