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- The policy, approved during a cabinet meeting chaired by Chief Minister Yogi Adityanath, sets an ambitious target of attracting ₹50,000 crore in investments and generating employment for 1 lakh youth.
- Key highlights of the policy include:
- Up to 80% subsidy on land for foreign firms investing in the state.
- Significant incentives such as front-end subsidies for A&D units, land subsidies, stamp duty exemptions, and capital subsidies.
- Promotion of research and innovation to enhance national security and economic prosperity.
- Establishment of artificial intelligence and software development centers in the aerospace and defence sector.
Question:
1 What is the investment target set by the new Aerospace and Defence Policy?
- A) ₹10,000 crore
- B) ₹20,000 crore
- C) ₹50,000 crore
- D) ₹100,000 crore