The Uttar Pradesh government is set to launch two major industrial initiatives on Tuesday — the Private Business Park Development Scheme – 2025 and the Plug-and-Play Industrial Sheds Scheme.
The launch will take place alongside the rollout of Nivesh Mitra 3.0, the upgraded single-window clearance system designed to support investors through faster approvals and AI technology-driven interface.
Before the launch, both the schemes are likely to be tabled for Cabinet approval on Monday so that they can be taken up for launch by Chief Minister Yogi Adityanath on Tuesday along with launch of Nivesh Mitra.
03, according to sources.
Plug-and-Play Industrial Sheds Scheme The Plug-and-Play Industrial Sheds Scheme will be implemented under a Design-Build-Finance-Operate-Transfer (DBFOT) public-private partnership model, introducing a shift from the existing “lease and build” system to a “rent and operate” approach.
Also Read | UP Govt to host cultural events at 30 temples, Shakti Peeths during Chaitra Navratri Officials told The Indian Express that it was observed that the current model places a heavy financial burden on enterprises due to high land and construction costs, long gestation periods and cash-flow constraints.
Thus, under the new framework, private developers will design, finance, build, operate and maintain ready-to-use industrial sheds, while land ownership will remain with the Industrial Development Authorities (IDAs).
The scheme is aimed primarily at MSMEs, enabling quicker start of operations, lower upfront investment, and greater operational flexibility.
It also seeks to improve land utilisation and generate employment at a faster pace.
The concession....
