RIPS2019

Rajasthan Investment Promotion Scheme 2019

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State

States / UT: Rajasthan

Ministry / nodal: Finance Department

Department: Commissioner Industries, Commerce & CSR

Nodal department: Commissioner Industries, Commerce & CSR

Scheme for: Individual

Scheme profile

DBT (direct benefit transfer): No

Target beneficiaries: Entrepreneurs, Industrialists

Tags: Investment, Employment, Manufacturing, Service Sector, Subsidy, Rajasthan, Economic Growth, Tax Exemption, Grants, Entrepreneurs, SC/ST, Backward Areas

Details

The Rajasthan Investment Promotion Scheme 2019 (RIPS-2019) was launched on December 17, 2019, with the aim of promoting investment and employment in the state of Rajasthan. The scheme is effective until March 31, 2026, and provides various benefits to eligible manufacturing and service sector enterprises. Key benefits include investment grants, employment generation grants, and exemptions from various taxes and duties for eligible enterprises.

Benefits

  • - Investment grant of 75% of SGST
  • Employment generation grant of 50% reimbursement of employer's contribution to EPF and ESI for eligible employees 100% exemption from electricity duty, market fee, and land tax for 7 years 75% exemption on stamp duty and reimbursement of 25%
  • 100% exemption on land conversion charges
  • Additional benefits for units investing in backward and most backward areas
  • Interest subsidy or capital grant for thrust sectors
  • Special package benefits for SC/ST enterprises
  • Investment grant of 75% of SGST
  • Employment generation grant of 50% reimbursement of employer's contribution to EPF and ESI for eligible employees
  • 100% exemption from electricity duty, market fee, and land tax for 7 years
  • 75% exemption on stamp duty and reimbursement of 25%
  • 100% exemption on land conversion charges
  • Additional benefits for units investing in backward and most backward areas
  • Interest subsidy or capital grant for thrust sectors
  • Special package benefits for SC/ST enterprises

Eligibility

Please refer to the scheme document for detailed eligibility criteria.

Application Process

Online

To apply, please refer to the scheme document for the procedure for applying for claims:

  1. Claims for exemption from Stamp Duty / Conversion Charges
  2. Claim for exemption from Land Tax / Electricity Duty / Market Fee (Mandi fee)
  3. Claim of Investment Subsidy / Employment Generation Subsidy
  4. Claim of interest subsidy / capital subsidy
  5. Claim of capital subsidy and determination of cost of zero liquid discharge based effluent treatment plant
  6. Claim for benefits of water conservation and green measures subsidy / reimbursement of costs incurred on quality certification / reimbursement of costs incurred to acquire advanced technology / financial assistance for obtaining patents, GI tagging, and trademark registration / reimbursement of costs incurred on plant and machinery and test equipment under ZDZE certification / financial assistance for raising funds through SME platform.

References

Apply

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Documents Required for Government Schemes

Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:

  • Aadhaar Card
  • Income Certificate
  • Caste Certificate (if applicable)
  • Residence Proof
  • Bank Account Details
  • Educational Certificates (for student schemes)

How to Apply for Government Schemes?

The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:

  1. Check eligibility criteria
  2. Collect required documents
  3. Fill the application form
  4. Submit the application online or at the relevant office
  5. Track application status