How to Apply for UP Capital Subsidy Scheme 2022 — ₹5 Cr to ₹210 Cr Per Year

Approval is not automatic — each proposal is assessed before an entitlement is issued.

• Submission. The application goes in through the designated state channel, accompanied by the project proposal and investment details.
• Committee review. A committee made up of officials from the Department of Industrial Development and other relevant state agencies examines the proposal.
• Evaluation criteria. The committee weighs how far the project complies with policy guidelines, the size of the eligible capital investment, the employment the unit is expected to generate, and the overall economic impact on the state.
• Booster assessment. For Mega and above categories, the project is also assessed against the criteria for the Employment, Exports and Ecosystem boosters.
• Entitlement Certificate. Once approved, the unit receives an 'Entitlement Certificate' that sets out the subsidy terms and conditions.
• Disbursement. Annual payments then begin, released against the agreed milestones and the unit's capacity utilisation figures.