Rajasthan

RAJASTHAN

state

Incentives & Schemes 

For industrial promotion & state economic growth 

The government of different states is offering schemes for supporting businesses and creating opportunities to promote the state’s economy.

Rajasthan

Ranked first in the production of oilseeds, rapeseed, and mustard and the second largest producer of garlic, coriander, and cumin, Rajasthan is a state with many business opportunities.

To attract new investments, the Rajasthan State Government has been rapidly transforming its industrial landscape with pro-business policies. Thus, offering various subsidies and incentives to promote industrial development, investment, and economic growth within the state.

MSMEs are an integral part of fostering community-level entrepreneurship and inclusive development. Thus, the Government has introduced the policy to stimulate the growth of the MSME sector.

 

The following are the benefits available for the MSME sector under Rajasthan Investment Promotion Scheme - 2022 (RIPS 2022)

  • Assets Creation Benefits - Investment subsidy of 75% SGST due and deposited for a period of 7 years
  • Interest subsidy 
  • Employment Generation Subsidy
  • Green Incentives for water conservation and waste management
  • Quality Certification Incentive:
  • Fund Raising Incentive:
  • Exemption from payment of 100% of Electricity Duty for seven years
  • Exemption from payment of 100% of Land Tax for seven years
  • Exemption from payment of 100% of Market Fee (Mandi Fee) for seven years
  • 100% Stamp Duty benefits
  • 100% conversion charges benefits
  • Subsidy up to 75% of the cost of acquiring patents up to Rs 5 lacs to be provided

Promotion of Thrust Sectors

Thrust Sectors are the focus area of the state. With a significant market size, these sectors have high job creation potential. Thus, to encourage these sectors further, the government provides lucrative subsidies.

 

Some major thrust sectors are-

  • Agri & Food Processing
  • Dairy
  • Textiles
  • Apparels
  • Handicraft
  • Leather, Footwear and Accessories
  • Gems & Jewellery
  • Automobile, Electric Vehicle (EV) & Auto Component
  • Petrochemicals & Petroleum Ancillary
  • Chemicals
  • Pharmaceuticals
  • Minerals
  • Ceramics
  • Glass
  • Biodegradable Plastic Substitutes
  • Electronics System Design and Manufacturing (ESDM)
  • Industrial Gases
  • Renewables
  • Defence

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