Uttarakhand Mega Industrial and Investment Policy - 2021

Large Projects – 30% - Mega Projects / Ultra Mega Projects / Super Ultra Mega Projects – 50%

Classification of Projects Based on Fixed Capital Investment:

₹50.0 Cr

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:

₹25.0 L · annual

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:

₹1

Electricity Bill Reimbursement Assistance (for manufacturing enterprises only): To support production, electricity reimbursement assistance will be provided at ₹1.00 per unit in the electricity bill, from the date of issuance for the next 5 years:

₹50.0 L · annual

Large Projects – ₹50 lakh per annum - Mega Projects – ₹75 lakh per annum - Ultra Mega Projects – ₹1 crore per annum - Super Ultra Mega Projects – ₹1.50 crore per annum

Reimbursement of Electricity Duty: 100% reimbursement.

Reimbursement of Stamp Duty: 50% reimbursement of stamp duty charges payable during the execution of land purchase deed and lease deed.

₹999

Reimbursement of Registration Fee: Registration of Land Purchase Deed/Lease Deed at the rate of ₹999 per ₹1,000.

₹50.0 L

Subsidy on ETP: Capital subsidy of 30%, maximum ₹50 lakh for setting up an ETP plant.

Payroll Assistance to Encourage Large-Scale Employment Generation: Payroll assistance will be provided based on the minimum limit for regular employment:

Large Projects – 50 employees - Mega Projects – 100 employees - Ultra Mega Projects – 200 employees - Super Ultra Mega Projects – 400 employees

₹500 · monthly

Payroll assistance will be given as a subsidy for the next 5 years at the rate of ₹500/- per month per employee for additional employees employed beyond the specified limit. For women employees, this rate will be ₹700/- per month per employee.