Subsidy up to Rs 5 crore on establishment of food processing units, provision of special exemption from land purchase to stamp duty, Shri Maurya


Deputy Chief Minister Shri Keshav Prasad Maurya met Additional Chief Secretary of Food Processing Department Shri B.L. Instructions have been given to Meena that the schemes related to Food Processing 2023 of the State Government and the financial assistance and incentives available in them should be widely publicized in rural areas. Detailed information about these schemes should be made available to farmers, agricultural entrepreneurs, youth, Self Help Groups (SHGs), Farmer Producer Organizations (FPOs) and women entrepreneurs, so that they can come forward in the field of production, processing, value addition, storage and export of agricultural products.

Shri Maurya said that there is immense potential for food processing industries in Uttar Pradesh. The objective of the government is to provide better prices to the farmers for their produce, prevent wastage of agricultural products, increase employment opportunities in rural areas and take the state’s products to national and international markets. For this, the department should prepare an effective action plan to extend the benefits of the schemes to the eligible people.

He said that for setting up food processing units, there is a provision of capital subsidy of 35 percent, up to a maximum of Rs 5 crore, on plant, machinery and technical civil work. 25 to 35 percent assistance can also be given on expansion and modernization of units. Facilities like 100 percent stamp duty exemption on land purchase, 50 percent exemption in land use change fees and 75 percent exemption on external development fees in eligible projects are available.
Ratan Singh, Information Officer, Deputy Chief Minister (M)