Higher Education Incentive Policy, 2024  |  Official Website of Invest UP, Government of Uttar Pradesh, India

Higher Education Incentive Policy, 2024

Home  »   Higher Education Incentive Policy, 2024

Key Highlights

  • Aimed at establishing Uttar Pradesh as a hub for world-class higher education institutions.
  • Focus on developing Multidisciplinary Education and Research Universities (MERU) in line with NEP 2020.
  • Encourages private investment in higher education across unserved and aspirational districts.
  • Supports the vision of increasing the Gross Enrolment Ratio (GER) and reducing brain drain.
  • Contributes towards Uttar Pradesh’s vision of becoming a $1 Trillion Economy.

Policy Objectives

  • Attract high-quality private universities in unserved districts.
  • Encourage globally reputed foreign universities to establish campuses in Uttar Pradesh.
  • Promote participation of top-ranked Indian universities.
  • Enhance accessibility, inclusivity, quality, and competitiveness in higher education.
  • Generate direct and indirect employment opportunities.

Key Incentives & Benefits

Stamp Duty Exemption

  • Up to 50% stamp duty exemption for new private universities in unserved districts.
  • 100% stamp duty exemption for universities established in aspirational districts.
  • Applicable to the first MERU university established in the district.

Capital Subsidy

  • Capital subsidy ranging from 15% to 17% based on investment size.
  • Maximum subsidy ceiling up to ₹35 Crore.
  • Subsidy disbursed over 5 years in annual instalments after issuance of LOP.

Special Incentives for Aspirational Districts

  • 20% capital subsidy with a maximum ceiling of ₹50 Crore.
  • 100% stamp duty exemption irrespective of investment category.

Incentives for Foreign Universities

  • Special benefits for the first 5 Foreign Higher Education Institutions (FHEIs).
  • 100% stamp duty exemption.
  • 20% capital subsidy up to ₹100 Crore.
  • Applicable to globally ranked universities as per UGC norms.

Incentives for Top Ranked Indian Universities

  • Universities ranked within Top 50 in NIRF Rankings eligible for special incentives.
  • 100% stamp duty exemption.
  • 20% capital subsidy up to ₹100 Crore.

Eligible Investment Components

  • Academic buildings, classrooms, libraries, hostels, and labs.
  • Internal roads, boundary walls, water and utility infrastructure.
  • Sewerage, drainage, power lines, STP & Effluent Treatment infrastructure.

Policy Impact

  • Expansion of quality higher education infrastructure across Uttar Pradesh.
  • Improved employability and research ecosystem.
  • Increased opportunities for youth within the state.
  • Promotion of innovation, research, and multidisciplinary learning.

Policy and GO’s


Important Links