FA­CIL­I­TIES FOR IN­VESTORS

Airports India - - MANIPUR -

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.

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