Pharmaceutical and Medical device

Capital Subsidy @15% of investment upto Rs 200 Cr to be provided in 5 annual instalments

Interest Subsidies –

• @5% p.a. for 5yrs on loan taken for procurement of P&M, upto max Rs 1 Cr p.a. per unit; Addtl subsidy @2% p.a for 7yrs for units in Bundelkhand and Purvanchal Districts
• @5% p.a. for 5yrs on loan taken for building infra self-use, upto max Rs 1 Cr p.a. per unit;
• @50% p.a. for 5yrs on loan taken for Research quality improvement, upto max Rs 2 Cr. per unit;

Electricity Duty Exemption: 100% exemption for 10yrs

Stamp Duty exemption @100%

Waste Management incentives –

• Interest subsidy for loan taken to set up waste management setup @50% annual for 5 yrs upto max Rs 10 lakh;
• For setting up common boiler project: @35% (in case of solid fuel) and @50% (in case of clean fuel) of the fixed installation cost, upto Rs 2 Cr

Patent Filing – Reimbursement of 100% of actual filing costs on domestic patents and 50% of actual filing costs on international patents

Quality Certification – Reimbursement of 75% of cost incurred for ISO certification and 50% of cost incurred for BIS certification

Skill Development incentive as refund of stipend for training under NAPS & CMAPS for 6 months for a maximum of 10 trainees

Incentives for R&D and Innovations

For setting up R&D institutes – Reimbursement of 60% of annual interest on loan

For Clinical Trials – Reimbursement of 75% of total expenditure

For Contract / sponsored research – 50% subsidy on eligible project cost to institutes situated within UP

Special Package for units setting up at Bulk Drug Parks & Medical Device Parks

Interest subsidy: For 10 years to units established in Bulk Drug Parks/Medical Device Parks

Air Cargo handling and freight charges incentive: at rate decided by State Govt from time to time to transport raw material and finished goods in and out of the country

Incentives to Pharma Park –
Horizontal Pharma Park developed over min 10acres of land and Vertical Pharma Park developed over min 3 acres of land will be provided following –

Interest Subsidies –

• @50% annual on loan taken to buy land for 7 years upto max. Rs 1 Cr per annum per park;
• @60% annual on loan taken to build infra for 7 years upto max. Rs 50 Cr per park;
• @60% annual on loan taken to build common facilities for 7 years upto max. Rs 30 crore per park

Capital Subsidy: @25% of FCI (common infra & utilities) upto max Rs 25 Cr in 5years

Stamp Duty Exemption at the rate of 100% to developers and 50% to units (1st)

Grant for setting up CETP: @40% of project cost to set up CETP/ Waste Management System up Rs 10 Cr. Total support by GoI and GoUP shall not exceed 75% of the total FCI incurred in this purpose.