State Integrated Cooperative Development Project - Fisheries Sector 2026
This policy by the Uttarakhand government aims to boost private industrial development by offering financial help, infrastructure Read More... support, and a simpler process for setting up industrial estates. Read less
Details
The Uttarakhand government, through its Department of Industries and MSMEs, has introduced a new policy to encourage the development of private industrial zones. The "Policy for Establishment of Private Industrial Estates/Areas - 2023" is designed to make it easier and more attractive for private players to invest in creating industrial spaces across the state.
What Is This Scheme?
This policy is all about creating dedicated private industrial areas or estates. It provides a clear roadmap and financial incentives for individuals and companies who want to develop these zones, making it a win-win for investors and the state's industrial growth.
Who Can Benefit From This Scheme?
The scheme is open to a wide range of entities looking to develop industrial land. This includes private developers, companies, partnership firms, LLPs, and even land aggregators who have consent from landowners. It's aimed at those who can mobilize land and resources to create modern industrial infrastructure.
Why This Scheme Is Important
By encouraging private investment in industrial infrastructure, this policy aims to accelerate industrial development in Uttarakhand. It promises better facilities, easier setup for new businesses, and job creation, all while streamlining the process and providing much-needed financial backing for developers.
Objective
Benefits
Under the scheme, the following support is provided:
- Options for setting up large loan-based projects in both mountainous and plain areas are available for individuals or groups engaged in fisheries through cooperative societies.
- Facilities are provided for trout farming, angling, and retail outlets on a cluster basis in mountainous districts, and for Pangasius farming, major carp farming, and integrated fisheries in plain districts.
- Under the project, the cooperative societies will bear 10% of the contribution, while 70% is provided as a loan and 20% as a grant.
- The project assists the societies in preparing their Detailed Project Reports (DPRs) or Business Development Plans (BDPs) and organizes free training and capacity-building programs periodically.
- Support is provided for marketing and sale of fish produced by the societies.
Sources and references
Eligibility Criteria
- Anyone legally registered as an individual, founder, developer, partnership firm, LLP, company, or institution is eligible. This also includes entities operating under Joint Venture, Public-Private Partnership (PPP) mode, or acting as Land Aggregators (provided they have written consent from all concerned landowners).
- For setting up a private industrial estate/area/park, you must have a minimum of 30 acres of land in plain areas or at least 2 acres in hilly areas.
- The land for the industrial estate/area must be arranged by the promoter/investor from their own resources.
- If land is aggregated by a land aggregator, SIDCUL will sign an agreement with the promoter/land aggregator to ensure all financial commitments under the policy are met.
- If a private industrial estate/park developer has acquired or aggregated at least 80% of the required land, and faces hurdles in acquiring the remaining portion, SIIDCUL (State Infrastructure and Industrial Development Corporation of Uttarakhand Limited) can help acquire the rest through the District Magistrate. This is subject to the developer providing a bank guarantee equal to the land acquisition cost.
- If land is leased or aggregated by the developer, the lease/agreement must be for a minimum of 30 years. This can be extended further if both parties agree.
- The land proposed for the industrial estate must be legally in the promoter's possession and free from any kind of encroachment.
How To Apply
- Developers need to submit their application along with all required documents.
- The application can be made through the CAF (Common Application Form) tab.
- Visit the official investment portal: www.investuttarakhand.uk.gov.in to apply.
Documents Required
To successfully apply and avail the benefits of this policy, you will need to submit documents as specified in the detailed Policy guidelines. These documents are crucial for verifying eligibility and processing your application.
FAQ’s
What is the minimum land area needed to start a private industrial estate?
For plain areas, you need at least 30 acres of land. In hilly areas, the minimum requirement is 2 acres.
How do I submit an application to set up a private industrial area?
You need to fill out the Common Application Form (CAF) available on the official Uttarakhand investment portal, www.investuttarakhand.uk.gov.in, and submit it with all the necessary documents.
What types of organizations can apply to develop private industrial estates?
Any legally registered entity, including individuals, partnership firms, LLPs, companies, societies, joint ventures, PPP projects, and land aggregators with landowner consent, can apply to develop private industrial estates.
What financial support is available for building infrastructure within these private estates?
The policy offers a capital subsidy of ₹10 lakh per acre for the infrastructure developed within the private industrial estate.
Can I use leased land to set up an industrial estate?
Yes, land can be leased or aggregated. The minimum lease or agreement period must be 30 years, and it can be renewed if both parties agree.
What kind of financial help is provided for setting up a CETP?
If you are setting up a Common Effluent Treatment Plant (CETP), the policy provides assistance covering 40% of the cost, with a maximum subsidy limit of ₹1 crore.
What happens if there's a problem acquiring the last bit of land for the estate?
If a developer has secured at least 80% of the land and faces issues with the remaining portion, SIIDCUL may step in to acquire it through the District Magistrate. This is conditional on the developer providing a bank guarantee for the land's acquisition cost.
Does the policy offer any support for developing infrastructure outside the estate boundaries?
Yes, the scheme provides assistance for external infrastructure development. It's calculated as 2% of the total fixed capital investment made by the private promoter for the industrial establishment in that specific park or area.
What are the conditions regarding the possession and legality of the land for the estate?
The land must be legally owned or possessed by the promoter and must be entirely free from any encroachments.
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