Rajasthan Investment Promotion Scheme 2022

The Rajasthan Investment Promotion Scheme 2022 (RIPS-2022) was launched on October 7, 2022, with the aim of promoting investment and employment in the state. The scheme is effective until March 31, 2027. It offers customized benefits for eight primary categories: Manufacturing, Services, Sunrise Sector, MSME, Startups, Logistics Parks (Warehousing and Cold Chain), R&D (Test Labs), and Renewable Energy Plants. For investments exceeding ₹25 crores in the primary category, benefits include asset creation incentives, special incentives for job creation, green incentives, cluster incentives, freight subsidies, and training and skill incentives. Additionally, there are exemptions on electricity duty, market fees, and land tax for seven years, along with a 75% exemption on stamp duty and conversion fees. For MSMEs, benefits include a 75% reimbursement of SGST for seven years, interest subsidies, and job creation subsidies covering 50% of employer contributions to EPF and ESI for seven years. Additional benefits are available for thrust sectors, sunrise sectors, backward areas, SC/ST communities, and women entrepreneurs.

• Asset creation incentives: Choose between investment subsidy (SGST reimbursement), capital grant, or turnover-linked incentives (TLI).
• Special incentives: Additional benefits for job creation, green initiatives, cluster incentives, freight subsidies, and training and skill incentives.
• Exemptions: 100% exemption on electricity duty, market fees, and land tax for 7 years; 75% exemption on stamp duty and conversion fees with 25% replenishment.
• For MSMEs: 75% reimbursement of SGST for 7 years, interest subsidy of 3-6% for 5 years, and job creation subsidy covering 50% of employer contributions to EPF and ESI for 7 years.
• Green incentives: 50% subsidy for water conservation and waste management initiatives.
• Other incentives: Quality certification, IP creation, and fundraising incentives.

Open to all entrepreneurs, including those from SC/ST communities and women entrepreneurs.

Online

Applications can be submitted online. For more details, refer to the guidelines and order documents:

• Guidelines
• Order & Circular