U.P Pharmaceutical and Medical Device Policy 2023
Land Benefits
U.P Pharmaceutical and Medical Device Policy 2023
Stamp Duty
- 100% exemption on stamp duty for eligible units.
- 100% exemption for Pharma Park developers.
- 50% exemption for units inside Pharma Parks (first transaction).
- Pharma Parks (Land-related incentives) : Interest Subsidy @50% annually on loan taken to buy land, for 7 years, up to ₹1 Cr per annum per park.
- Minimum land requirement : Horizontal Park: 10 acres.
- Vertical Park: 3 acres.
Financial Assistance
U.P Pharmaceutical and Medical Device Policy 2023
Capital Subsidy
- Capital Subsidy : 15% of investment up to ₹200 Cr for eligible units.
- Provided in 5 annual installments.
Interest Subsidy
- Eligible Units : MSME: As per GoI definition.
- Large: > MSME threshold & < ₹100 Cr.
- Mega: ≥ ₹100 Cr investment.
- 5% p.a. for 5 years on loan for procuring Plant & Machinery, Max ₹1 Cr per year, Additional 2% p.a. for 7 years for units in Bundelkhand & Purvanchal.
- 5% p.a. for 5 years on loan for building infrastructure, Max ₹1 Cr per year.
- 50% p.a. for 5 years on loan for Research quality improvement Max ₹2 Cr per unit.
- Bulk Drug Park / Medical Device Park units: Interest subsidy for 10 years
Human Resource Management
U.P Pharmaceutical and Medical Device Policy 2023
Capacity Building
- Skill Development Incentive : Refund of stipend for training under NAPS & CMAPS.
- Applicable for 6 months
- Maximum 10 trainees per unit
Quality and Standards
U.P Pharmaceutical and Medical Device Policy 2023
Certification Fee
- ISO Certification: 75% reimbursement.
- BIS Certification: 50% reimbursement
Patent And GI Tags
- Patent Filing Support : 100% reimbursement of domestic patent filing costs.
- 50% reimbursement of international patent filing costs.
- R&D & Innovation Support :60% interest reimbursement for loans taken to set up R&D institutes.
- 75% reimbursement for clinical trial expenses.
- 50% subsidy for contract/sponsored research conducted in UP-based institutes
Environment norms and Infrastructure
U.P Pharmaceutical and Medical Device Policy 2023
CETPs
- 40% of project cost, up to ₹10 Cr.
- Combined GoI + GoUP support capped at 75% of FCI
Boiler Project
- 35% subsidy (solid fuel-based).
- 50% subsidy (clean fuel-based).
- Up to ₹2 Cr
Environment Management Laboratory/ Environment Management System
- Interest subsidy @50% per annum for 5 years, on loan taken for waste management setup, up to ₹10 lakh
Infrastructure Subsidy
U.P Pharmaceutical and Medical Device Policy 2023
Infrastructure Subsidy
- Capital Subsidy:15% of investment up to ₹200 Cr for eligible units.Provided in 5 annual installments.
- Pharma Parks–Infrastructure Subsidies : 60% annual interest subsidy for 7 years on loan for infrastructure creation, up to ₹50 Cr.
- 60% annual interest subsidy for 7 years for common facilities, up to ₹30 Cr.
- 25% of FCI for common infra/utilities, up to ₹25 Cr (over 5 years).
- Electricity Duty Exemption : 100% exemption for 10 years
Development Charges
U.P Pharmaceutical and Medical Device Policy 2023
Development Charges
- Partially addressed through:Capital subsidy on infrastructure (up to ₹25 Cr).
- CETP development support (40% up to ₹10 Cr).
- Stamp duty exemptions for land and development.
- Park infrastructure interest subsidies (land, infra, common facilities).
