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    <title>UP drafts new Leather and Footwear Policy; subsidies, stamp duty exemption among key features</title>
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    <description>The draft policy offers capital subsidies and 100 per cent stamp duty exemptions to developers of private leather and footwear parks, with tiered subsidy caps by park size; parks must be completed within five years and allocate a minimum share of land to green and open spaces. Eligibility ties incentives to minimum investment thresholds by project type and requires adherence to completion and land-use conditions, while the policy projects employment generation metrics linked to investment and aims to boost production and exports through cluster development and targeted fiscal support.</description>
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