UP Inland Vessel Purchase Subsidy
By Government of Uttar Pradesh
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Quick Answer
Subsidy of 25% of purchase cost (up to INR 5 Crore per vessel) for entities buying inland vessels for operations along National Waterway-1 in Uttar Pradesh.
- Funding amount
- Up to ₹5Cr
- Funding type
- Subsidy
- Provider
- Government of Uttar Pradesh
- Application deadline
- Rolling
- Location
- Uttar Pradesh
About this subsidy
Entities that buy inland vessels for operations along National Waterway-1 in Uttar Pradesh get a 25% subsidy on the actual cost of new vessels. The cap is INR 5 Crores (₹50,000,000) per vessel.
It applies to the first 10 vessels, with a limit of 4 vessels per eligible entity. The incentive is part of the New UP Warehousing & Logistics Policy 2022.
Eligibility
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Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Subsidy providers
The Government of Uttar Pradesh supports startups and businesses through a set of state policies, each run by a different department. This page covers the startup policy, which gives grants, reimbursements and free incubation to early startups, and the MSME, IT, food processing,…
Learn moreBenefits & Funding
- Amount
- Up to ₹5Cr
What You Get
This program offers a substantial financial incentive: a 25% purchase subsidy on the actual cost of new inland vessels. This benefit is capped at a maximum of INR 5 Crores (₹50,000,000) per vessel, providing significant capital relief for entities investing in critical logistics infrastructure. The subsidy directly reduces the acquisition cost, making modern inland waterway vessels more accessible and improving the financial viability of such investments. Furthermore, the incentive structure encourages broader adoption by applying to the first 10 vessels, with a limit of 4 vessels per eligible entity, ensuring a balanced distribution of benefits across multiple businesses and promoting the overall growth of the inland waterways ecosystem in Uttar Pradesh.
- Disbursement
- Reimbursement
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
How to apply
Four steps from draft to disbursement — one action each.
- 1
See the questions before you start
Download every question this programme's application form asks, so you can prepare your answers offline before opening the portal.
- 2
Line up your documents
Keep every document from the checklist ready in one folder. Missing docs are the #1 reason applications get bounced.
- 3
Submit on the official portal
Use the official application link and verify all details before final submission.
- 4
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Program templates & documents
Files the program publishes for applicants — download these and apply in the prescribed format.
Frequently Asked Questions
What kind of vessels are eligible for this subsidy?
The subsidy is for "Inland Vessels as defined above for operations in the State along National Waterway-1", specifically those used for logistics and transportation purposes within Uttar Pradesh.
What is the maximum subsidy amount I can receive per vessel?
The maximum subsidy is INR 5 Crores (₹50,000,000) per vessel. This cap applies regardless of the vessel's total purchase cost, ensuring a significant but defined financial support.
Is there a limit on the number of vessels an entity can claim subsidy for?
Yes, there are limits to ensure broad and equitable distribution. The subsidy is applicable to the first 10 vessels overall within the scheme, with a specific maximum of 4 vessels per eligible entity.
Who provides this subsidy and how is it disbursed?
The subsidy is provided by the Government of Uttar Pradesh as part of the New UP Warehousing & Logistics Policy 2022. It is disbursed through the manufacturers of the eligible vessels, effectively reducing the final purchase price for the claimant.
What is the purpose of this subsidy program?
The primary purpose is to incentivize investment in inland waterway transportation infrastructure in Uttar Pradesh. By making vessel acquisition more affordable, the program aims to boost the state's logistics, warehousing, and trade sectors, promoting sustainable and efficient freight movement along National Waterway-1.
Sources
Data on this page is compiled from official program and provider references.
