The Haryana Cabinet, chaired by Chief Minister Nayab Singh Saini, on Tuesday, 28 July approved a sharp reduction in stamp duty and registration fee for dwelling units up to 60 sq m registered under Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0 for economically weaker sections (EWS). In the same sitting, the Cabinet launched the Haryana Progressive MSME and Export Promotion Policy 2026, targeting ₹55,000 crore in fresh investment.

What the Stamp Duty Relief Means

Under the revised framework, both the stamp duty under Article 23-A of Schedule 1-A of the Indian Stamp Act, 1899 and the registration fee on conveyance deeds for qualifying EWS units have been fixed at a nominal ₹500 per deed. This is a dramatic reduction from the prevailing structure, under which stamp duty stands at 5% of the transaction value under the same Article, plus an additional 2% duty, with registration fees charged on a slab basis up to a maximum of ₹50,000. A 2% rebate on stamp duty is currently available where the conveyance is executed in favour of a woman.

According to an official statement, the concession is a targeted measure to cut transaction costs and ease the financial burden on EWS beneficiaries, directly advancing the 'housing for all' objective embedded in PMAY-U 2.0. The relief is time-bound, tied to the active window of the flagship scheme.

MSME and Export Promotion Policy 2026

The Haryana Progressive MSME and Export Promotion Policy 2026 is built around 60 transformative initiatives anchored across six strategic pillars: finance, infrastructure, technology, exports, sustainability, and skills. The government said the policy is designed to translate commitments under the Sankalp Patra into action aligned with Vision 2047 and to ensure convergence with the Government of India's Raising and Accelerating MSME Performance (RAMP) Programme.

The policy covers enterprises across all geographies of Haryana, with targeted support for both traditional and high-growth sectors. These include automotive and auto components, electric vehicles, aerospace and defence, pharmaceuticals and medical devices, renewable energy, textiles and apparel, agri-based and food processing industries, and several others spanning rubber, plastics, footwear, leather, and green industries.

Haryana Local Audit Bill 2026

The Cabinet additionally approved the draft Haryana Local Audit Bill 2026, which seeks to establish a more effective and efficient audit framework for all local authorities, bodies, institutions, and funds in the state. The Bill is intended to enable stronger oversight of local fund expenditure and provides for matters connected therewith or incidental thereto.

Broader Significance

This comes amid a national push to accelerate PMAY-U 2.0 delivery across states, with the Centre pressing for faster on-ground implementation. Haryana's stamp duty waiver effectively removes one of the most cited barriers to EWS home registration — the upfront transaction cost, which can represent a significant share of a low-income household's savings. Notably, the move also strengthens the state's position ahead of the next round of central fund disbursements under the scheme, where state-level facilitation measures are a key assessment parameter. With the MSME policy simultaneously unveiled, the Cabinet appears to be signalling a twin focus on social housing and industrial competitiveness in a single sitting.