<ul><li>Uttar Pradesh Cabinet approves Global Capability Centres (GCC) Policy, 2024, to attract global companies to set up GCCs in the state.</li><li>Implementation of the policy expected to create two lakh jobs in UP in areas like customer support, analytics, HR, finance, etc.</li><li>Policy aims to make UP a hub for GCCs in fields like artificial intelligence, robotics, fintech, healthcare, and IT, attracting global investors.</li><li>Benefits under the policy include operational and payroll subsidies, grants for establishing centres of excellence, and incentives for hiring freshers from UP-based colleges.</li></ul>

Uttar Pradesh Cabinet approves GCC Policy; to generate 2 lakh jobs

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