In UP govt’s investment push, Global Capability Centres policy gets nod

Elaborating further, Principal Secretary, Industrial Development, Alok Kumar, informed that the state has a large talent pool in many sectors including science, law, engineering. He said, “To get better quality work at less cost, many multinational companies are setting up their offshore development centres in Uttar Pradesh….”

Kumar said software and IT companies are establishing such GCCs, which include machine learning, cloud computing, robotic process automation, AI-driven development, cyber security, engineering development etc. He said there are many elements of engineering design as well which are expensive and time-consuming but this work can be done at lesser prices and with high quality with the help of these centres in UP. “multinational companies are coming to India to outsource work in banks, financial services and insurance sector,” he explained, adding that companies from the automotive sector, electronics and semiconductor manufacturing sectors have also come to the state.

Officials said that at present there are nearly 1700 GCCs in India and this number is expected to grow rapidly. “Microsoft has just laid the foundation stone of a 10,000-seater development centre in Noida. MAQ has also set up a 3,000-seater engineering development centre. We have to make arrangements to bring these centres in cities such as Varanasi, Kanpur and Prayagraj along with NCR and Noida,” said Alok Kumar.

Under the new policy, investors will get comprehensive assistance at every level from operations to skill development. As per the policy, under operational subsidy, 20 per cent subsidy on rent, electricity, bandwidth and data service, assistance of up to Rs 180 crore can be received. At the same time, under payroll subsidy, the benefit of reimbursement of up to Rs 1.8 lakh per annum on the salary of employees residing in UP will be available.

Under fresher and intern subsidy, assistance of up to Rs 20,000 will be received on recruiting new graduates and Rs 5000 per month on internship. Special provision has been made for socially backward classes under EPF, training and R&D grants.

Apart from these incentives, exemption in land and stamp duty, subsidy on capital and interest, as well as reimbursement of SGST has also been offered under the new policy.
Officials claimed that the policy would help generate high-salaried employment opportunities in the state.

Transfer policy approved

In another significant decision, the state Cabinet approved the transfer policy for the 2025-26 financial year. Finance Minister Suresh Khanna informed that most of the provisions of the previous policy have been retained in the new policy and that by June 2025, the officers of Group A and B who have completed three years of service in a district will be transferred to other districts and the officers and employees who have completed seven years in the division will be transferred. The transfer will be a maximum of 20 per cent of the number of officers working cadre wise in Group A and B and 10 per cent respectively in Group C. For Group B category, it will be done on the basis of a merit-based online system. In this sequence, the parents of physically challenged children and completely disabled children will be deployed at such places where there will be proper arrangement for proper care and medical care.

Two major steps have been announced to tackle unplanned parking problems of both lightweight vehicles as well as heavy vehicles and at the same time create a source of income.

The Cabinet cleared a proposal for coming out with Uttar Pradesh Municipal Corporation (Construction, Maintenance and Operation of Parking Space) Rules 2025. Urban Development and Energy Minister A K Sharma informed that due to the huge increase in private vehicles in the state, pressure is increasing on the roads as well as parking spaces.

He said that in such a situation, these rules would ensure implementation of uniform parking rules in the municipal corporations of Uttar Pradesh that will increase the revenue generated from parking and prevent losses. Minister informed that the use of smart technology will enable effective management of parking spaces as well. “Parking fees will become a regular source of income for municipal corporations and it will become a means of providing civic amenities and services and would also provide easy parking facilities to the general public.

The Cabinet also approved the Uttar Pradesh Stage Carriage Bus Adda, Contract Carriage and All India Tourist Bus Park (Establishment and Regulation) Policy-2025. Minister Suresh Khanna said that under the policy, the invitation of applications for the establishment of bus depots,parks across the state will be under the chairmanship of the District Magistrate. Under the policy, there is a provision of at least two acres for the establishment of State Carriage Bus Adda, Contract Carriage and All India Tourist Bus Park, officials said.