Industrial Investment and Employment Promotion Policy 2017

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Key Policy Objectives

Attract investment in UP for job creation
Mobilise the key strengths of the State for maximising manufacturing output
Promote innovations, entrepreneurship and Make in India
Ensure balanced regional and sustainable development through rapid industrialisation

Stamp Duty : 100% in Bundelkhand & Poorvanchal, 75% in Madhyanchal & Paschimanchal (except GBNagar & Ghaziabad districts) and 50% in GBNagar & Ghaziabad districts.
EPF Reimbursement : Facility to the extent of 50% of employer’s contribution to the units providing direct employment to 100 or more unskilled workers
SGST Reimbursement : Net SGST reimbursement @90% for Small Industries for 5 years, @60% for Medium Industries for 5 years, @60% for Large Industries other than Mega Industries for 5 years, and @70% for Mega category Industries for 10 years.
Capital Interest Subsidy : 5% per annum for 5 years
Infrastructure Interest Subsidy : 5% per annum for 5 years
Industrial Quality Development : 5% per annum for 5 years
Electricity Duty : 100% exemption to all new industrial units set up in the state for 10 years. Also, 100% exemption to all new industrial units producing electricity from captive power plants for self-use for 10 years
Mandi Fee : 100% exemption to all new food processing units on purchase of raw material for 5 years.
Incentivising employment generation : Units generating minimum employment of 200 direct workers including skilled and unskilled will be provided 10% additional EPF reimbursement facility on employer’s contribution.