Cabinet Meet Chaired By Chief Minister Yogi Adityanath Green Signals UP Export Policy 2020-2025

Lucknow, Nov 25 (TNA) The Council of Ministers chaired by Chief Minister Yogi Adityanath has decided to promulgate the export policy Uttar Pradesh 2020-25. This is for the first time that such a detailed export policy was being rolled out in Uttar Pradesh.

The aim of this policy is to promote development and competitiveness in the field of exports and to provide necessary export-related assistance and services to the export subsidiaries, establishment and development of technical and physical infrastructures to increase exports from the state, industries aimed at encouraging exports.

To provide the necessary support for the development of the export potential of the country, identify the opportunities available in the global market for products manufactured locally / in the country and encourage capacity development by adopting best practices related to exports is another high point of this policy.

A detailed implementation strategy has been chalked out to achieve the objectives set out in the policy.

Key focus areas of the Export Policy Uttar Pradesh 2020-25 include Handicrafts, Agriculture & Processed Food Products, Engineering Goods, Handloom & Textile, Leather Products, Carpets & Rugs, Glass & Ceramic Products, Wood Products, Sports Goods, Defense Products, Services Sector, Education , Tourism, IT and ITES, medical value travels and logistics.

The work related to the implementation of the export policy Uttar Pradesh 2020-25 will be executed by the UP Export Promotion Bureau, 8, Cantt Road, Qaiserbagh, Lucknow.

The expenditure on facilities and other ancillary activities provided to eligible units under the export policy 2020-25 will be kept within the limit of the amount provided in the budget. Development of infrastructure facilities to be developed in cluster based Special Economic Zone in each district of the state will be funded with the provisioned funds for UP Export Infrastructure Development Scheme.

Through the Export Policy 2020-25, one of the pivotal aim is doubling the income of farmers and also increasing exports from the agricultural sector, all those ingredients will be adopted. The Uttar Pradesh Government has announced the Uttar Pradesh Agricultural Export Promotion Policy-2019 with the objective of promoting agro-based exports and doubling the income of farmers.

The Uttar Pradesh Export Promotion Policy 2020-25 will adopt all those components which are not covered by the Uttar Pradesh Agricultural Promotion Policy, for the purpose of doubling the income of farmers and promoting exports from the agricultural sector.

As per the policy, e-Haat portal will be developed for the sale and sale of animals. The financial assistance has been made in the policy on the recruitment of specialised services by the exporting units related to food processing to ensure international quality.

Uttar Pradesh export policy is also aimed at availability of natural and human resources in the state and opportunities available in the international market, use of existing possibilities in the state, employment generation to youth, rapid growth in the direction of exports, export incentives, creation of incentive environment etc. It has hence been decided to promulgate the UP Export Policy 2020-25.