"UP: Yogi govt 2.0 to recast MSME policy to groom women entrepreneurs"
Under the proposed new policy, women entrepreneurs would receive a 100 per cent stamp duty subsidy on the purchase of land for setting up micro and small units. Besides, other MSMEs would receive a 50 to 100 per cent subsidy depending on the region of the state.
Stamp duty would be cheaper in comparatively backward regions of Bundelkhand and Purvanchal (Eastern Uttar Pradesh) than in the central and western districts. This is aimed to encourage fresh investment, particularly in the manufacturing sector, in laggard pockets and beyond the National Capital Region (NCR) districts of Western UP.