Rajasthan Investment Promotion Scheme (RIPS) 2024

Overview of RIPS 2024

• Full Name: Rajasthan Investment Promotion Scheme, 2024
• Launch Date: 8 October 2024
• Operative Period: Valid till 3 March 2029 or till new policy notified
• Applies to new investments after policy launch & eligible expansions
• Only investments & employment generated within Rajasthan are eligible

Key Incentives under RIPS 2024

• Capital Subsidy – % of Eligible Fixed Capital Investment (EFCI)
• Turnover Linked Incentive (TLI) – % of net sales turnover
• Investment Subsidy – SGST reimbursement for defined period

👉 Incentives available for up to 10 years post commercial production.

Boosters & Top-Ups

• Thrust Booster: 10% extra incentive
• Anchor Booster: 20% extra for anchor units
• Employment Booster: Linked to job creation
• Mega & Ultra-Mega Projects: Higher incentive slabs

Special & Sector-Specific Incentives

• Green Growth Incentives – 50% reimbursement
• Capability Development & Skill Training grants
• Export Promotion – freight reimbursements
• MSME-specific benefits (EPF/ESI, interest subsidy, IP support)

Exemptions & Reimbursements

• 100% Electricity Duty Exemption – 7 years
• 100% Mandi Fee reimbursement – 7 years
• Stamp Duty & Conversion Charge benefits
• 50% waiver on Rajasthan Green Rating consent fees

Incentives for MSMEs

• SGST reimbursement up to ~75% for 7–10 years
• Interest subsidy on loans (3%–6%)
• EPF/ESI employer contribution refund (50%)
• Support for raising funds & technology adoption

Priority & Sunrise Sectors

• Aerospace & Defence
• Semiconductors & Electronics
• Agri-tech & Waste Recycling
• Construction Equipment & Metals
• IT/ITeS, Education & Skill Development

Summary of Major Financial Benefits