Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
New Policy on Anvil, U.P. Aims to Triple Exports
Hindustan Times Haryana
|April 20, 2025
Several incentives in the pipeline for exporters. Under the new policy, financial assistance to each exporting unit will be increased to Rs 25 lakh every year as against the current aid of Rs 16 lakh
LUCKNOW: As the state aims to become a trillion-dollar economy by 2029, the Uttar Pradesh government is finalising a new draft policy-2025-30 with an aim to triple exports by 2030, up from Rs 1.70 lakh crore in 2023-24.
The move comes as exports are expected to play an important role in achieving the trillion-dollar economy milestone. The step is also in conjunction with revamping Invest U.P. for attracting more investment to the state. The policy has been finalised and will be put before the state cabinet soon.
"The draft of the new export policy is being finalised. Soon, it will be put before the state cabinet. We aim to increase the state's share in the country's exports substantially," said minister for industrial development Nand Gopal Gupta 'Nandi'.
"In the new policy, several incentives have been provided to exporters. Promotion of exports from the state will be at the same level at which the state government is inviting investors," the minister added.
The new policy will also provide aid to 12 service sectors which are identified by the Union government as champion sectors.
The state government will also provide capital subsidy to investors for developing export infrastructure.
This story is from the April 20, 2025 edition of Hindustan Times Haryana.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Hindustan Times Haryana
Hindustan Times Haryana
‘Polls to decide between jungle raj and vikas raj’
Amit Shah on Saturday said that every infiltrator would be detected, deleted from voter lists and deported to their countries, as he slammed Congress leader Rahul Gandhi and the INDIA bloc for “protecting” illegal immigrants in Bihar ahead of the assembly polls in the state.
2 mins
October 26, 2025
Hindustan Times Haryana
World Cup low: Man arrested for molesting two Australian women cricketers in Indore
Two Australian women cricketers were sexually harassed by a motorcyclist who inappropriately touched one of them as they walked to a cafe in Indore on Thursday, casting a shadow over the Women's World Cup being hosted in the city.
2 mins
October 26, 2025
Hindustan Times Haryana
Heart on the line
His last book won the UK Royal Society's Ondaatje Prize. Bhattacharya now has a sweeping new novel out. Railsong is the tale of a teen who leaves it all behind and makes her way across a transforming India in a series of varied train journeys - in search of, perhaps more than anything else, herself
5 mins
October 26, 2025
Hindustan Times Haryana
Trump jets to Asia as China trade talks start
US President Donald Trump headed Saturday for Asia and high-stakes trade talks with Chinese counterpart Xi Jinping, saying that he would also like to meet North Korean leader Kim Jong Un on his trip.
2 mins
October 26, 2025
Hindustan Times Haryana
MAOIST LEADER LINKED TO BLAST ON RAIL TRACKS KILLED IN ASSAM
A suspected Maoist leader allegedly linked to a recent blast on a railway track in Kokrajhar district of Assam was killed in a police encounter on Saturday, officials said.
1 min
October 26, 2025
Hindustan Times Haryana
75k more seats in medical institutes within 5 yrs: Nadda
The government is planning to add 75,000 seats in the next five years across medical institutions in the country for both undergraduate and postgraduate levels, Union health minister JP Nadda said on Saturday.
1 min
October 26, 2025
Hindustan Times Haryana
Delhi start strong vs HP, Rahane, Gaikwad hit tons
Delhi openers Arpit Rana (64) and Sanat Sangwan (79) raised a century partnership to take the hosts to 306/4 on Day 1 of their Ranji Trophy Group D match against Himachal Pradesh on Saturday.
1 mins
October 26, 2025
Hindustan Times Haryana
Shots heard around the world: The wonder that was the Windies
ALL BATS ARE OFF
4 mins
October 26, 2025
Hindustan Times Haryana
PM MODI TO HOLD 2 POLL RALLIES IN BIHAR ON OCT 30
Prime Minister Narendra Modi will address election rallies in Muzaffarpur and Chhapra areas of Bihar on October 30, BJP state president Dilip Jaiswal said on Saturday.
1 min
October 26, 2025
Hindustan Times Haryana
1/5th of candidates in Bihar fray are scions
Two sons of a former Union minister pitted against each other, a husband and a wife contesting from neighbouring constituencies (from the same party), and several members of a family contesting from one party - all reflect the influence of powerful political families in Bihar. In several constituencies, veteran leaders have passed the political baton to their children, even grandchildren.
1 min
October 26, 2025
Listen
Translate
Change font size