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Uttar Pradesh Micro, Small & Medium Enterprises Promotion Policy 2017

Key Policy Objectives

GO BACK

  • Image of Target to achieve an annual growth rate of 15% in
      development of MSME industriesTarget to achieve an annual growth rate of 15% in
    development of MSME industries
  • Image of Target to generate employment with annual growth
      rate of 15% Target to generate employment with annual growth
    rate of 15%
  • Image of Expansion and technical upgradation of the
      existing MSME industriesExpansion and technical upgradation of the
    existing MSME industries
  • Image of Providing support to the new MSME for setting up
      the industriesProviding support to the new MSME for setting up
    the industries
  • Image of Create a favorable business environment for the
      MSMECreate 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) Size : 244 KB Last Updated On – May 03, 2021    Download Policy Document (Hindi Language) Size : 1.04 MB Last Updated On – May 03, 2021

Image of Uttar Pradesh Micro, Small & Medium Enterprises Promotion Policy 2017