UP Mulling Changes To MSME Policy To Boost Women Entrepreneurship



The Uttar Pradesh (UP) government is reportedly mulling changes to its micro, small, and medium enterprises (MSMEs) policy to boost women entrepreneurship.  According to Business Standard, the proposed new policy will offer full stamp duty subsidy to women entrepreneurs to purchase land for setting up micro and small units. Apart from that, other MSMEs would also receive subsidies between 50-100% depending on the region of the state. Essentially, the state government will offer a full subsidy in Industrially-backward regions of Bundelkhand and Purvanchal, while central UP and western UP regions, not including Gautam Buddha Nagar and Ghaziabad, will get a 75% subsidy on stamp duty for land purchase. In the industrial hubs of Gautam Buddha Nagar (Noida) and Ghaziabad, a subsidy of 50% has reportedly been proposed. Read More

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