Rajasthan Investment Promotion Scheme (RIPS) 2022

Rajasthan Investment Promotion Scheme (RIPS) 2019

The most attractive package of financial incentives (exemptions and subsidies) is available for investors under RIPS 2022.

RIPS 2022: Highlights
  • Integrated policy document covering 8 priority categories:
    • Manufacturing
    • Services
    • Sunrise sectors
    • MSMEs
    • Startups
    • Industrial Parks, Logistics, Warehousing & Cold Chains
    • R&D, GC & Test Labs
    • Renewable Energy Plants
  • Standard package of incentives declared for all 8 categories. Further, incentives for manufacturing and services designed basis the size of investments, employment generation, and investment region
  • Higher incentives defined for investors setting up units in Area category 2 andArea Category 3 Backward Areas to promote inclusive and distributed development
  • Select thrust sectors defined within Manufacturing and Services categories. Additional incentive package defined for these thrust sectors
  • Multiple Asset Creation Incentive options for investors to choose from Investment Subsidy (SGST reimbursement), Capital Subsidy or Turnover Linked Incentive
  • A new Employment booster introduced for Manufacturing, Services and Sunrise sectors given to investors for creating incremental jobs above base threshold
  • Anchor Incentive Booster designed to provide greater impetus to the first 3Anchor units of Manufacturing and Services thrust sectors in Backward areas, in addition to the chosen Asset Creation Incentive
  • Introduced comprehensive Green Initiative incentives across solution areas suchas Zero Liquid Discharge, Renewable Power, Pollution control, Water recycling, etc. to enable sustainability
  • Cluster Incentives designed to encourage mother and ancillary units coming together to setup operations within the State
  • Additional emphasis given to promote MSMEs by introducing higher incentives such as Interest Subsidy, Employment generation incentive, Green and Special incentives
  • Tenure Based Incentive System introduced to allow telescoping of benefits accrued basis the actual investments made
  • Customization Package introduced for both new and existing investors to provide greater flexibility and higher benefits on the chosen Asset Creation Incentives
  • Clear and seamless transition process defined from RIPS 2019 to RIPS 2022 forall eligible existing Investors

Please go through the policy document before making any investment decisions.