Question

    Under the Uttar Pradesh Food Processing Industry Policy 2023, what is the maximum capital subsidy capped at for setting up Food Processing Industries (FPIs)?

    A Rs. 1 Crore Correct Answer Incorrect Answer
    B Rs. 2 Crores Correct Answer Incorrect Answer
    C Rs. 3 Crores Correct Answer Incorrect Answer
    D Rs. 5 Crores Correct Answer Incorrect Answer

    Solution

    The policy offers a 35% subsidy on plant, machinery, and technical civil work expenses for FPIs, with a cap at Rs. 5 Crores, providing substantial financial support for establishing food processing units.

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