Government Scheme

Rajasthan Investment Promotion Scheme (RIPS) 2024

Rajasthan’s flagship investment incentive framework offering SGST reimbursement, capital subsidy, turnover-linked incentives and exemptions for eligible investments.

About this Service

RIPS 2024 is Rajasthan’s principal investment-promotion framework. Eligible investors can select among asset-creation incentive structures, while special boosters can reward employment, thrust sectors, anchor investments, green initiatives and other priorities. Exact benefit rates differ between manufacturing, service, sunrise and sector-specific categories, so the project must be mapped to the correct schedule before claiming an amount.

Key Benefits

Eligible investors can choose / receive Asset Creation Incentives such as SGST reimbursement, capital subsidy or turnover-linked support, depending on category.
For eligible categories, SGST reimbursement can be available up to 75% for 7 years, subject to RIPS 2024 conditions.
Many eligible projects can receive 100% stamp-duty and conversion-charge relief under the applicable provisions.
Eligible projects can receive 100% electricity-duty exemption for 7 years under specified RIPS 2024 categories.
Additional boosters, employment / training support and sector-specific incentives can apply depending on project scale, location and category.

Eligibility Criteria

Project should be a new or eligible expansion investment located in Rajasthan.
The sector / activity must be covered under RIPS 2024 and should not fall within an excluded category.
Applicant must satisfy the applicable minimum investment / Eligible Fixed Capital Investment (EFCI) and project-category thresholds.
Employment, commencement and other performance conditions applicable to the selected incentive package must be met.
Investment approval, registration, statutory clearances and incentive applications / claims must be filed within the prescribed timelines.

Documents Required

Investment proposal / DPR
Business constitution, PAN and GST
Land / lease and project-location details
Plant & machinery / eligible fixed-capital investment details
Employment and training plan
Financial closure / funding documents
Commercial production / service commencement proof for claims
Tax / SGST and incentive-claim documents

Frequently Asked Questions

What is the timeline for Rajasthan Investment Promotion Scheme (RIPS) 2024?

The standard timeline depends on government processing, typically ranging from a few days to a few weeks.

What documents are required?

Standard KYC documents (Aadhaar, PAN, Address Proof) and business entity documents are required.

What are the main RIPS incentive choices?

Depending on sector, eligible projects may choose SGST reimbursement, capital subsidy or turnover-linked incentive.

Is electricity-duty exemption available?

Many RIPS categories provide 100% electricity-duty exemption for 7 years, subject to policy conditions.

Are stamp-duty benefits available?

RIPS provides stamp-duty and conversion-charge exemptions in eligible categories.

Does every sector get the same capital-subsidy percentage?

No. Rates vary by sector and project category.

Can large projects receive customised packages?

RIPS provides additional flexibility / customised packages for specified high-investment projects.

Conclusion

RIPS 2024 can materially improve project returns in Rajasthan, but benefit modelling should be sector-specific and based on eligible fixed-capital investment and current policy schedules.

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