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Uttarakhand Mega Industrial and Investment Policy - 2021

The scheme aims to promote large-scale industrial development and investment in the state of Uttarakhand by creating a favourable business environment, encouraging capital investment, and generating employment opportunities.

Ministry / Department
Industry Department
Level
State
Benefit type
cash
Last verified: Recently

Uttarakhand Mega Industrial and Investment Policy - 2021 क्या है?

The scheme aims to promote large-scale industrial development and investment in the state of Uttarakhand by creating a favourable business environment, encouraging capital investment, and generating employment opportunities.

लाभ
***Classification of Projects Based on Fixed Capital Investment:*** - **Large Projects** – ₹50 crore to ₹75 crore. - **Mega Projects** – Projects with a capital investment of more than ₹75 crore and up to ₹200 crore. - **Ultra Mega Projects** – Projects with a capital investment of more than ₹200 crore and up to ₹400 crore in plant and machinery. - **Super Ultra Mega Projects** – Projects with a capital investment of more than ₹400 crore in plant and machinery. ***Financial Incentives:*** Rebate/concession on prevailing land rates in SIIDCUL Industrial Areas (for manufacturing industries only): - **Large Projects** – 15% - **Mega Projects** – 25% - **Ultra Mega Projects** – 30% - **Super Ultra Mega Projects** – 30% **Interest Subsidy:** Reimbursement assistance on interest for term loans taken from banks for 5 years: - **Large Projects** – 7%, maximum ₹25 lakh per annum - **Mega Projects** – 7%, maximum ₹35 lakh per annum - **Ultra Mega Projects** – 7%, maximum ₹50 lakh per annum - **Super Ultra Mega Projects** – 7%, maximum ₹75 lakh per annum **SGST Reimbursement (for manufacturing enterprises only):** Reimbursement of net SGST for 5 years after adjustment of Input Tax Credit (ITC) on B2C sale of self-manufactured goods/items: - **Large Projects** – 30% - **Mega Projects / Ultra Mega Projects / Super Ultra Mega Projects** – 50% **Electricity Bill Reimbursement Assistance (for manufacturing enterprises only):** To support production, electricity reimbursement assistance will
स्तर
State — Uttarakhand
मंत्रालय / विभाग
Industry Department
लाभ का प्रकार
cash
मुख्य पात्रता
1. Any person who wishes to invest in Uttarakhand under the "Mega Industry and Investment Policy" is eligible.
अंतिम सत्यापन
Recently

Benefits

***Classification of Projects Based on Fixed Capital Investment:*** - **Large Projects** – ₹50 crore to ₹75 crore. - **Mega Projects** – Projects with a capital investment of more than ₹75 crore and up to ₹200 crore. - **Ultra Mega Projects** – Projects with a capital investment of more than ₹200 crore and up to ₹400 crore in plant and machinery. - **Super Ultra Mega Projects** – Projects with a capital investment of more than ₹400 crore in plant and machinery. ***Financial Incentives:*** Rebate/concession on prevailing land rates in SIIDCUL Industrial Areas (for manufacturing industries only): - **Large Projects** – 15% - **Mega Projects** – 25% - **Ultra Mega Projects** – 30% - **Super Ultra Mega Projects** – 30% **Interest Subsidy:** Reimbursement assistance on interest for term loans taken from banks for 5 years: - **Large Projects** – 7%, maximum ₹25 lakh per annum - **Mega Projects** – 7%, maximum ₹35 lakh per annum - **Ultra Mega Projects** – 7%, maximum ₹50 lakh per annum - **Super Ultra Mega Projects** – 7%, maximum ₹75 lakh per annum **SGST Reimbursement (for manufacturing enterprises only):** Reimbursement of net SGST for 5 years after adjustment of Input Tax Credit (ITC) on B2C sale of self-manufactured goods/items: - **Large Projects** – 30% - **Mega Projects / Ultra Mega Projects / Super Ultra Mega Projects** – 50% **Electricity Bill Reimbursement Assistance (for manufacturing enterprises only):** To support production, electricity reimbursement assistance will

Eligibility

1. Any person who wishes to invest in Uttarakhand under the "Mega Industry and Investment Policy" is eligible.Area: UttarakhandBenefit: cash

Documents Required

    How to Apply

    1. Step 1: Online application — step 1

      To avail of the financial incentives provided under the policy, investors can apply online through the portal developed under the single-window system at https://investuttarakhand.uk.gov.in/ . Details of the entire registration process and the documents required are also available on the official website .

    Sources & References

    Ready to apply?

    Applications are accepted only on the official government portal.

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