It comes after a gap of eight years succeeding the UP Industrial and Service Sector Investment Policy 2004

The Uttar Pradesh Cabinet, in its pursuit to iron out regional industrial imbalance and attract fresh investment, on Tuesday gave its nod and cleared the New Industrial & Infrastructure Investment Policy 2012. The policy is aimed at ameliorating the ills of traditional industries scattered across the state and energising the micro, small and medium enterprises (MSME) base estimated at over 3 million units.