The Uttar Pradesh Cabinet, headed by Chief Minister Yogi Adityanath, has approved the proposal to implement the Uttar Pradesh Township Policy, 2023.
Private investment will get a boost with the implementation of the Uttar Pradesh Township Policy, 2023. State-of-the-art township facilities with better quality civic amenities from economic, social and environmental point of view will be available to the general public at reasonable prices.
With the development of modern townships equipped with quality civic amenities in the urban areas of the state, better residential facilities will be available to the general public. Planned development of cities will be encouraged.
Along with this, there will be an increase in employment generation in the private sector. Finance Minister Suresh Khanna said that the Yogi government is continuously promoting urbanisation and the decision is part of the government’s efforts in this direction.
Under this policy, the responsibility of both the developer and the development authority has been fixed. If the developers violate the rules, then penalty and confiscation of property can be imposed on them. There will also be provision for 10 per cent EWS and 10 per cent LIG. The requirement of earmarked land has been reduced from 25 acres to 12.25 acres.