100% exemption from stamp duty for the land purchased for the establishment of food processing industry.
Land Cost
In case of proposed industry coming up in agricultural zone, the CLU is granted by charging 20% of the value of land as per the circle rate. This CLU be granted with a notional fee of Rs. 10000 per case for food processing industries.
A capital subsidy amounting to 35% of incurred expenditure on plant, machinery and technical civil work in respect of setting up of the food processing units in the State will be provided, subject to the maximum limit of Rs. 5 crore in all the districts of the State.
A capital subsidy amounting to 25% of incurred expenditure on plant, machinery and technical civil work in respect expansion and modernization / up-gradation of the food processing units in the State will be provided, subject to the maximum limit of Rs. 1 crore in all the districts of the State.
Interest Subsidy
Interest Subsidy for purchase of Reefer Vehicles and Mobile Pre-Cooling vans: An assistance in the form of interest subsidy for all the interest accrued on the loan taken for purchase of Reefer Vehicle and Mobile Pre-Cooling van will be reimbursed for a period of five years, subject to maximum limit of Rs. 50 lacs.
100% interest subsidy on loan taken for the project for micro and small food industries will be reimbursed for a period of five years. For other units the interest subvention of 7% for a period of five years will be provided. Both are subject to maximum limit of Rs. 50 lacs.
The State of Uttar Pradesh is land locked, so to make the manufacturing competitive, a transport subsidy of 25% of the actual cost of transportation will be reimbursed. This cost of transportation will be from the place of manufacturing / production in Uttar Pradesh to the actual destination port of the importing country. This subsidy will not be available for export to Nepal, Bangladesh and Bhutan.
The food processing industries especially the micro and small ones are located mostly in rural areas and they are not in industrial areas. They and are also not in a position to bear the cost of independent industrial feeders. The power supply in rural areas is erratic in timing and quality. In view of above it is proposed to provide for a subsidy for installing solar power plants up to 75 kva for food processing industries not located in industrial areas. The subsidy will be 50% of the cost of solar power project installation and it will be 90% for the food processing plants owned and operated by all women
Subsidy of 35% for infrastructure pertaining to Cold Chain and Value Addition and a subsidy of 50% up to Rs. 10 Crores for frozen storage/deep freezer, value addition and processing infrastructure.
Infrastructure for Agro processing clusters: Minimum 5 food processing units with minimum investment of Rs. 25 crores, a grant of 35% of the eligible project cost subject to maximum of Rs. 10 crores will be provided as grant.
