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UP cabinet approves amendments to Incentive Policy 2023 for FDI

UP cabinet approves amendments to Incentive Policy 2023 for FDI

Lucknow, Nov 4 (UNI) In bid to boost foreign investment in Uttar Pradesh, the cabinet on Monday approved amendments to the Incentive Policy 2023 for FDI (Foreign Direct Investment) and investment of Fortune 500 companies.
The cabinet meeting was chaired by Chief Minister Yogi Adityanath.
The amendments to the incentive policy 2023 by the Yogi government provides significant relief to foreign investors. Now, foreign companies that secure funding through equity, loans or other sources can also invest in the state. This decision is expected to lead to an increase in foreign investment in UP.

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