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The government of Uttar Pradesh is revising its strategy to support micro, small and medium enterprises (MSMEs) and promote female entrepreneurship. Women business owners would be given a 100% stamp duty subsidy on land purchases for establishing micro and small units under the proposed new policy. Besides, a 50 to 100 percent subsidy will be given to other MSMEs, depending on their location in the state. The less developed regions such as Bundelkhand and Purvanchal in eastern Uttar Pradesh would have lower stamp duty rates. This is done in an effort to stimulate new investment, notably in the manufacturing sector, outside of the Western UP National Capital Region (NCR) districts and in underdeveloped areas. The state would grant a 100 percent stamp duty grant in Bundelkhand and Purvanchal, while central and western Uttar Pradesh (apart from Noida and Ghaziabad) would receive a 75 percent subsidy.
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