Uttar Pradesh Information Technology & Startup Policy 2017

Key Policy Objectives

GO BACK

  • Image of Develop and promote attractive business ecosystem in the StateDevelop and promote attractive business ecosystem in the State
  • Image of Promote human development and infrastructure development by means of IT Cities, IT Parks, IT-BPM units Promote human development and infrastructure development by means of IT Cities, IT Parks, IT-BPM units
  • Image of Instill and nourish entrepreneurship and innovation by providing impetus to Start-ups, Incubators, Centers of Excellence Instill and nourish entrepreneurship and innovation by providing impetus to Start-ups, Incubators, Centers of Excellence
  • Image of Lead digital empowerment through creation of citizen centric services, whereby welfare is generated across all sections of the society Lead digital empowerment through creation of citizen centric services, whereby welfare is generated across all sections of the society

Key policy highlights

  • Interest subsidy @5% per annum for a period of 7 years
  • Stamp Duty@100% exemption on purchase/lease of land/office space/ buildings for IT/ITeS use with condition of commencing operations within 3 years
  • Electricity Duty@100% reimbursement for new IT/ITeS units for a period of 10 years post commencement of commercial operations
  • Grant on EPF@100% reimbursement of the total EPF amount paid for IT/ITeS Professionals of Uttar Pradesh domicile with employment for continuous 1 year, after start of commercial operation
  • Incentive for Certification: Maximum reimbursement of 3 certifications with total limit of INR 25 lakhs per unit.
  • Recruitment Assistance: INR20,000 per employee located in Tier-II and Tier-III cities subject to continuous employment of minimum 6 months and annual recruitment of at least 50 students in the field of IT-BPM, recruited from UP based colleges.
  • Patent Filing Subsidy @up to 100% of actual filing costs on awarded patents
  • Provision for land: Reimbursement up to 25% of the cost of purchase of land from State Agencies subjected to certain conditions

Download Policy Document (English Language) Size : 676 KB Last Updated On – Oct 14, 2021

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