Lucknow, Jan 09 — The Yogi Adityanath led Uttar Pradesh government has approved a comprehensive land subsidy policy to encourage the establishment of Global Capability Centres (GCCs) in the state, officials said on Friday.
Under the policy, eligible GCC units will receive front-end land subsidies on the purchase of land, with region-wise rates designed to promote balanced industrial development across Uttar Pradesh. The provision has been incorporated into the Standard Operating Procedures (SOPs) recently cleared by the state cabinet.
According to officials, GCC units set up in Gautam Buddh Nagar and Ghaziabad will be eligible for a 30 per cent land subsidy. Units located in Paschimanchal (excluding Gautam Buddh Nagar and Ghaziabad) and the Madhyanchal region will receive a 40 per cent subsidy.
To attract investments in relatively less-developed regions, the government has announced a land subsidy of up to 50 per cent for GCC units established in Purvanchal and Bundelkhand. The move is expected to drive fresh investments and create large-scale employment opportunities in these regions.
The subsidy will be applicable only to GCC units that purchase land from the State Industrial Development Authority, Development Authorities, urban local bodies, or other government agencies. Units operating from rented premises or co-working spaces will not qualify under the scheme.
The policy also mandates timely completion of projects. The allotted land will remain mortgaged with the concerned government authority until commercial operations commence or the stipulated project period ends. In case of delays or non-completion, the subsidy amount will be recovered with 12 per cent annual interest, officials said.
The financial burden of the subsidy will be borne by the Department of Industrial Development.
The state government said the incentive framework is expected to accelerate the growth of GCCs, expand IT and service-sector activities, and generate substantial employment for the youth, while ensuring inclusive and regionally balanced industrial development.