Rajasthan Government Scheme 2024

Rajasthan Investment Promotion Scheme(RIPS) 2024

Comprehensive business incentives including SGST reimbursement up to 75%, capital subsidy up to ₹15 Crores, interest subsidy, stamp duty exemption, electricity duty exemption, and infrastructure support. Get expert consultation to maximize your benefits under RIPS 2024.

₹765.78 Cr
Disbursed FY 2024-25
Up to 75%
SGST Reimbursement
₹15 Cr
Capital Subsidy
View All Incentives

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Key Features of RIPS 2024

Sector Agnostic

Benefits available across manufacturing, services, IT/ITeS, tourism, agri-processing, and other eligible sectors.

Long-term Benefits

SGST reimbursement for 7-10 years, electricity duty exemption for 7 years, providing sustained support.

MSME Focus

Special provisions and additional benefits for Micro, Small, and Medium Enterprises under RIPS 2024.

Employment Incentives

EPF/ESI reimbursement and additional incentives for job creation in Rajasthan.

Simplified Process

Streamlined application and approval process with dedicated support for investors.

Proven Track Record

₹765.78 Crores disbursed in FY 2024-25, demonstrating successful implementation.

Eligibility Criteria for RIPS 2024

Understanding who can benefit from Rajasthan Investment Promotion Scheme

Eligible Entities

  • New industrial units and expansion projects
  • MSMEs (Micro, Small, Medium Enterprises)
  • Large industries and mega projects
  • Service sector units (IT/ITeS, Tourism, etc.)
  • Agri-processing and food processing units
  • Infrastructure development projects

Investment Requirements

  • Minimum investment thresholds vary by sector
  • Location-based benefits (backward areas get higher benefits)
  • Employment generation targets
  • Project completion timelines
  • Compliance with environmental norms
  • Valid business registration and licenses

RIPS 2024 Application Process

Step-by-step guide to apply for Rajasthan Investment Promotion Scheme benefits

01

Pre-Application Consultation

Consult with experts to understand eligibility, benefits, and prepare investment proposal.

02

Document Preparation

Prepare investment proposal, project report, financial statements, and required documents.

03

Application Submission

Submit application through designated portal or office with all required documents.

04

Approval & Disbursement

After verification and approval, execute agreement and receive incentive disbursements.

Latest Updates on RIPS 2024

Latest News

Rajasthan Government Disburses ₹765.78 Crore in Investment Incentives

Rajasthan government has successfully disbursed ₹765.78 crore in investment incentives under RIPS for the financial year 2024-25, demonstrating strong commitment to promoting industrial growth and investment in the state.

Enhanced Benefits

RIPS 2024 Enhanced with Additional Financial Incentives

The scheme has been enhanced with additional financial incentives to attract private investment across manufacturing, services, and infrastructure sectors. New provisions include higher SGST reimbursement rates and extended benefit periods.

Frequently Asked Questions

What is Rajasthan Investment Promotion Scheme (RIPS) 2024?

RIPS 2024 is Rajasthan government's flagship investment promotion scheme offering comprehensive financial incentives including SGST reimbursement, capital subsidy, interest subsidy, stamp duty exemption, electricity duty exemption, and infrastructure support to attract investments across various sectors.

What are the key incentives under RIPS 2024?

Key incentives include: SGST Reimbursement (up to 75% for 7-10 years), Capital Subsidy (up to ₹15 Crores), Interest Subsidy (0.5%-2% additional), Stamp Duty Exemption (75% exemption + 25% reimbursement), Electricity Duty Exemption (100% for 7 years), and Land Conversion Charges Waiver.

Who is eligible for RIPS 2024 benefits?

Eligibility includes: New industrial units, expansion projects, MSMEs, large industries, service sector units, IT/ITeS companies, tourism projects, agri-processing units, and other eligible sectors as per RIPS 2024 guidelines. Minimum investment thresholds apply based on sector and location.

What is the application process for RIPS 2024?

The application process involves: Pre-application consultation, submission of investment proposal, document verification, approval from competent authority, execution of agreement, and disbursement of incentives. Expert guidance is recommended for smooth processing.

What documents are required for RIPS 2024 application?

Required documents include: Investment proposal, project report, company registration documents, land/lease documents, financial statements, bank statements, environmental clearances (if applicable), and other sector-specific documents as per RIPS 2024 guidelines.

What is the latest update on RIPS 2024?

Rajasthan government has disbursed ₹765.78 crore in investment incentives under RIPS for FY 2024-25. The scheme has been enhanced with additional financial incentives to attract private investment across manufacturing, services, and infrastructure sectors.

Ready to Maximize Your RIPS 2024 Benefits?

Get expert consultation to understand eligibility, prepare application, and maximize your incentives under RIPS 2024

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