Uttar Pradesh MSME Policy 2017

Key Policy Objectives

GO BACK

  • Target to achieve an annual growth rate of 15% in development of MSME industries
  • Target to generate employment with annual growth rate of 15%
  • Expansion and technical upgradation of the existing MSME industries
  • Providing support to the new MSME for setting up the industries
  • Create a favorable business environment for the MSME

Key policy highlights

  • Capital Interest Subsidy @5% per annum for 5 years
  • Infrastructure Interest Subsidy @5% per annum for 5 years.
  • Land Use conversion@ 100 % exemption for converting agricultural land to Industrial land of agriculture land development authorities
  • Stamp Duty: Exemption in accordance with the CLAUSE 5.1 of UPIIEPP 2017
  • SPV Formation: The Government will provide grant of equal proportion of contribution by the allotees
  • EPF Reimbursement@100% reimbursement for 5 years from the date of commencement of the unit for MSMEs.
  • Industrial Quality Development subsidy @ 5% per annum for 5 years
  • Energy@100% Electricity duty exemption to new units for 10 years
  • Electricity Charges Reimbursement @one rupee per unit for 5 years from the date of production for MSMEs

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