More in the News
- With its implementation, global investment, high-level services, and job creation will gain new momentum in the state.
- More than 10,000 job opportunities will be created.
- Invest UP has been designated as the nodal agency for the implementation of the GCC policy in the regulations.
- The regulations provide for front-end land subsidies, exemption or reimbursement of stamp duty, capital, interest, operating expenses, payroll and recruitment, and Employees Provident Fund reimbursement subsidies to attract GCC units.
- Talent development and skill promotion, research and innovation, along with special incentives on a case-to-case basis, will also be provided, which will help Uttar Pradesh in emerging as a global services and innovation hub.
- In addition to financial benefits, GCC units will also be provided with technical support groups, industry linkage support, regulatory assistance, quick resolution of application cases, and a streamlined process for approval and incentive distribution.
