FACILITIES FOR INVESTORS
Exemption from stamp duty- New industrial units to be established in Eastern Uttar Pradesh, Central Uttar Pradesh and Bundelkhand regions will be provided 100% exemption from stamp duty.
Units related to Information Technology, Biotechnology, Agro Processing, Food Processing, Food Park, Solar Energy or alternative sources of energy and BPO Call Centres will be provided 100% exemption from stamp duty in the entire state. Exemption from Mandi Fee- All new food processing units having an investment of Rs 5 crores or more in plant and machinery for next 5 years, will be provided exemption from Mandi Fee on purchase of raw material for 5 years. Interest free loan- All new industrial units to be set up in Poorvanchal
(Eastern U.P.), Madhyanchal (Central U.P.) and Bundelkhand regions, with fixed capital investment of Rs. 5 crore or more and food processing units, live stock based units & IT units to be set up in all districts of the state with fixed capital investment of Rs. 5 crore or more, will be provided with the facility of interest free loan, from the date of first sale up to 10 years, equivalent to the sum of VAT and Central Sales Tax deposited by industrial units or 10% of the annual turnover whichever is less, which will be payable after 7 years from the date of disbursement of such loan. Single table system- For attracting new investment, extensive arrangements would be made to ensure easy accessibility of investment related information and time bound redressal of complaints of the investors. With the objective of timely resolution of problems of entrepreneurs on a single table, one senior officer will be nominated as Nodal Officer for each new mega project. Special security system- Considering special security needs of industries, a ‘Fast track Grievance Redressal Cell’ has been established under an Inspector General of Police in the office of Director General of Police. This cell will be strengthened further. UP Investment Centre at New DelhiThis centre will be spruced up to attract investment into the State. If the need arises, more such centres will be established in other States or cities of the State. Uttar Pradesh Investment Centre at New Delhi will co-ordinate for encouragement of Non Resident Indians for more investment in the State. Udyog Bandhu- Friend of Industry is an organization of the State Government of Uttar Pradesh in India; dedicated to facilitate investment in Industrial and Service Sectors, besides solving various problems of existing & up-coming industries as well, related to different Government departments. The vision of Udyog Bandhu is to transform the state of Uttar Pradesh into the most preferred investment destination in India by acting as an effective investment policy driver and facilitator in providing worldclass infrastructure and business environment within the state and, thus, promote economic growth and enhance quality of life of the people of the state.