The Yogi government of Uttar Pradesh has given a big gift to women. The cabinet on Tuesday approved a one percent discount in stamp fee on assets up to Rs 1 crore purchased in the name of the woman. Till now this exemption was applicable only to assets up to Rs 10 lakh in the state, in which a maximum discount of Rs 10000 was given. But now the government has increased this exemption to up to one crore rupees.
In fact, a cabinet meeting was called at Lok Bhavan in Lucknow on Tuesday under the chairmanship of Uttar Pradesh Chief Minister Yogi Adityanath. The Uttar Pradesh government said in a statement that a total of 37 resolutions were passed in the meeting. Giving information about this decision, Uttar Pradesh Labor Minister Anil Rajbhar said that the government believes that this decision will help women of the middle class become property mistress, which will not only increase their confidence, but will also be more economically competent and honored in society.
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This decision will increase property registration in the name of women
The minister said that this exemption will also strengthen the Mission Shakti program, under which women are being self -sufficient and empowered. In Budget 2024, the Central Government had also talked about reducing stamp duty on documents executed in favor of women. This decision of the Uttar Pradesh government is being considered a step in this direction. The statement said that there is a possibility of a huge increase in property registration in the name of women.
The Uttar Pradesh Cabinet also approved the proposal to provide free land on annual lease rent on an annual lease rent in favor of IR Detection Technology Center proposed by IRDE (Instrument Research and Development Establishment), DRDO. This center will be set up in the Lucknow node of Uttar Pradesh Defense Industrial Corridor. Under this project, about 150 engineers and technical personnel are expected to get direct employment and more than 500 people are expected to get indirect employment.
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What is IRDE
IRDE, Dehradun is a component laboratory of Defense Research and Development Organization (DRDO). The institute is starting a new project to set up an indigenous fab-line for the development and construction of IR detectors. The Uttar Pradesh government said in a statement that it is proposed to set up semiconductor IR detector construction facility in this project. With this, India will fall under the category of leading countries.
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