Private Industrial Park Scheme (2017)

Key Policy Objectives

GO BACK

  • Promote new and upgrading existing Industrial Parks/ Estates
  • Promote integrated manufacturing clusters/ zones/ SEZs
  • Ensure world class infrastructure for these industrial hotspots

Key Policy Highlights

The State Government will provide following incentives to industrial parks/estates of more than 20 acres in Bundelkhand & Poorvanchal; 30 acres in Madhyanchal & Paschimanchal and more than 50 acres in case of Agro Parks developed by private sector

  • Interest subsidy reimbursement for industrial parks/estates and Agro Parks developed by private sector
    • 50% of annual interest on the loan taken to buy land for 7 years
    • 60% of annual interest on the loan taken for building infrastructure for 7 years
    • 60% of annual interest on the loan taken for building hostel/dormitory housing for workers for 7 years
  • 100% exemption/reimbursement to developer and 50% exemption to individual buyers (first) on stamp duty

Download Policy Document (English Language)    Download Policy Document (Hindi Language)