Incentives for six biz units worth Rs 1,829cr approved
A govt spokesman said the committee approved units in Unnao, Rae Bareli, Bulandshahr, Hardoi, Mirzapur, and Gautam Budh Nagar. A letter of comfort is the sovereign commitment of the state govt that incentives are provided on fulfilment of the prescribed eligibility criteria and other approved provisions under a particular scheme.
These applications were received through the Nivesh Mitra portal between Feb and June this year from reputed companies from various sectors. "All investors sought SGST-linked incentives, barring one applicant who opted for the capital subsidy route, showcasing both sectoral spread and responsiveness to the incentive architecture of the Industrial Investment and Employment Promotion Policy 2022 of Uttar Pradesh," the spokesperson said.
Emphasising the need for administrative efficiency, the chief secretary directed officials to eliminate procedural delays, ensuring rapid conversion of these proposals into ground-level projects.
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