Uttarakhand to encourage the export of rice with the help of foreign exchange to earn foreign exchange to strengthen the agro-based economy of the country and the state, to provide the farmers with a fair price for their produce, to develop infrastructure facilities at entry and to provide additional employment opportunities. Governance
The main objective of the Food Park project is to develop farmers and food processing units, retailers as a hub to provide market and connect with agricultural production, to maximize value addition, thereby increasing the income of the farmers of the state. Growth and employment opportunities will arise mainly in rural areas.
Categorization as prescribed under MSME Policy 2015 (as amended 2016, 2018 & 2019)
Category A:
Whole Districts of Pithoragrah, Uttarkashi, Chamoli, Champawat, Rudraprayag and Bageshwar
Category B:
Whole District of Almora,
All hilly development blocks of District Pauri Garhwal, Tehri Garhwal (Excluding regions under category B+),
All hilly development blocks of District Nainital and Dehradun (Excluding regions under category B+)
Category B+:
Kotdwar, Sigaddi and adjoining plain regions of Dugadda development block of district Pauri Garhwal
Dhalwala, Muni Ki Reti, Tapovan and adjoining plain regions of Fakot development block of District Tehri Garhwal
Kotabagh development block of District Nainital
Plain regions of Kalsi development block of District Dehradun
Category C:
Regions located above 650 meters from sea level in Raipur, Sahaspur, Vikasnagar and Doiwala development blocks of District Dehradun
Ramnagar and Haldwani development blocks of District Nainital
Category D:
Whole Districts of Haridwar and Udham Singh Nagar
Remaining area of District Dehradun and Nainital (which are not included in category ‘B’, ‘B+’ and ‘C’)
Industry Definitions:
Micro – up to INR 25 lakh for Manufacturing / up to INR 10 lakh for Services
Small - INR 25 lakh to INR 5 Cr for Manufacturing / INR 10 lakh to INR 2 Cr forServices
Medium - up to INR 5-10 Cr for Manufacturing / up to INR 2-5 Cr forServices
Heavy - INR 10-50 Cr for Manufacturing / INR 5-50 Cr forServices
Large - INR 50-75 Cr for Manufacturing / Services
Mega - INR 75-200 Cr for Manufacturing / Services
Ultra-Mega - above INR 200 Cr for Manufacturing / Services
Super Ultra-Mega – Investmentsabove INR 400 Cr with employment generation of minimum 400 people
Land Rates Rebate under Heavy Industrial Investment and Employment Promotion Policy 2018
100% at the time of allotment will be eligible for 5% rebate
50% at the time of allotment and balance 50% within 2 years in 2 equal instalments
Land Rates Rebate under Mega Industrial and Investment Policy 2015
Large – Rebate of 15%, on SIIDCUL prevailing land rate
Mega – Rebate of 25%, on SIIDCUL prevailing land rate
Ultra-Mega – Rebate of 30%, on SIIDCUL prevailing land rate
Super Ultra Mega – Rebate of 30%, on SIIDCUL prevailing land rate
Fixed Capital Rebate
Capital Subsidy - Under MSME Policy 2015 (As Amended in 2019)
Category A: 40% (Max up to INR 40 Lakh)
Category B, B+: 35% (Max up to INR 35 Lakh)
Category C: 30% (Max up to INR 30 Lakh)
Category D: 15% (Max up to INR 15 Lakh)
*Capital Subsidy will be applicable on the fixed investment in factory building, plant & machinery
Special Incentive Scheme for Women Entrepreneurs
Capital Subsidy - Capital investment subsidy of 25% up to a maximum of INR 25 Lakh
*Applicable across the state for both Manufacturing and Services sector
Stamp Duty Exemption
MSME Policy 2015 (As Amended in 2019)
Category A, B, B+, C: 100% exemption
Category D: 50% exemption
Heavy Industrial Investment and Employment Promotion Policy 2018
50% exemption on Stamp duty
Mega Industrial and Investment Policy 2015
50% exemption on Stamp duty for Large, Mega, Ultra Mega and Super Ultra Mega
Mega Industrial and Investment Policy 2015
100% exemption on purchase of land and lease deed for the first time
SGST Reimbursement
SGST Concession - Under MSME Policy 2015 (As Amended in 2019)
Category A:100% for the first 5 years and 90% thereafter
Category B, B+: 100% for the first 5 years and 75% thereafter
*The SGST after adjustment of ITC on sale of finished product (B2C) will be reimbursed from the date of commencement of production of the unit for 5 years
*Only manufacturing units are eligible to avail SGST Reimbursement
SGST Concession under Mega Industrial and Investment Policy 2015
Large: 30%
Mega / Ultra Mega/ Super Ultra Mega: 50%
*The SGST after adjustment of ITC on sale of finished product (B2C) will be reimbursed from the date of commencement of production of the unit for 5 years
Interest Cost Subvention
Interest Subsidy under MSME Policy 2015 (As Amended in 2019), Per Year/ Unit (Only on term Loan)
Category A: - 10% (Max up to INR 8 Lakh)
Category B, B+: - 8% (Max up to INR 6 Lakh)
Category C: - 6% (Max up to INR 4 Lakh)
Category D: - 5% (Max up to INR 3 Lakh)
Special Incentive Scheme for Women Entrepreneurs
Interest subsidy of 6% on bank term loan taken by the entrepreneurs up to a maximum of INR 5 Lakh per year per unit
*Applicable across the state for both Manufacturing and Services sector
Interest Subsidy under Heavy Industrial Investment and Employment Promotion Policy 2018
Interest subsidy @ 5% to a maximum of up to INR 3 Lakh will be applicable for term loans availed from scheduled commercial bank or financial institutions
Interest Subsidy under Mega Industrial and Investment Policy 2015
Large– 7% for 5 years INR 25 Lakhs Max for per year
Mega– 7% for 5 years INR 35 Lakhs Max for per year
Ultra-Mega– 7% for 5 years INR 50 Lakhs Max for per year
Super Ultra Mega– 7% for 5 years INR 50 Lakhs Max for per year
Interest Subsidy under Mega Food Park - Interest subsidy will be given on bank loan at the rate of 06% (maximum rupees 4 lakhs) per year, which will be tenable for five years.
Power Tariff Rebate
Power Bill Rebate under MSME Policy 2015 (As Amended in 2019)
Category A: Sanctioned Load up to 100 KVA: 100% for 5 years and 75% thereafter; If Load>100 KVA: 60%
Category B, B+: Sanctioned Load up to 100 KVA: 100% for 5 years and 60% thereafter; If Load>100 KVA: 50%
Power Assistance under Mega Industrial and Investment Policy 2015
Reimbursement of INR 1/- per unit on the electricity bill for 5 years from the date of start of commercial production and 100% reimbursement on electric duty for 7 years
Large – Max INR 50 Lakhs/ Year
Mega – Max INR 75 Lakhs / Year
Ultra-Mega – Max INR 1 Cr/ Year
Super Ultra Mega – Max INR 1.50 Cr / year
Power Assistance – tariff @ INR 1.55/ Unit for Irrigation purposes under the Agriculture Sector will be applicable for Food Processing Units
Electricity Duty Rebate
Electric duty payable / paid on the electricity bill consumed in production work will be reimbursed 100 percent to eligible enterprises (Large, Mega, Ultra Mega and Super Ultra Mega) under Mega Industrial and Investment Policy 2015