Policy Environment

Rajasthan has systematically created a policy environment that nurtures private enterprise and makes investing in the State profitable. In addition to a general package of financial incentives, sector-specific policies have been formulated to promote investment.

Sector-specific Policies & Schemes

• Rajasthan Startup Policy, 2022
• Rajasthan Renewable Energy Policy, 2023
• Rajasthan Green Hydrogen Policy, 2023
• Rajasthan Biomass and Waste to Energy Policy, 2023
• Rajasthan Investment Promotion Scheme, 2022
• Rajasthan Ethanol Production Promotion Policy, 2021
• Rajasthan Handicraft Policy, 2022
• Rajasthan MSME Policy, 2022
• Rajasthan Film Tourism Promotion Policy, 2022
• Rajasthan Tourism Unit Policy, 2015
• Rajasthan Rural Tourism Scheme, 2022
• Rajasthan Guest House Scheme, 2020
• Rajasthan Ecotourism Policy, 2021
• Rajasthan Electric Vehicle Policy (REVP), 2022

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The Rajasthan Investment Promotion Scheme (RIPS 2022) is a comprehensive package of attractive incentives for setting up businesses in the State. Besides a general package, the Scheme also offers incentives for investment in specific sectors.

1. Integrated policy document covering 8 focus categories
   • Manufacturing
   • Services
   • Sunrise Sectors
   • MSMEs
   • Startup Parks
   • Logistics, Warehousing & Cold Chains
   • R&D, GC & Test Labs
   • Renewable Energy Plants
2. Multiple Asset Creation Incentives (ACI) to choose from
   • Investment Subsidy (75% SGST reimbursement), or
   • Capital Subsidy (Up to 28%) or Turnover Linked Incentive (Up to 2%) with Telescoping to prevent benefit loss
3. Customised Package available for Large scale Investors for investment of INR 500 crore with option to redistribute, and for investment of more than INR 1000 crore up to 20% of ACI.
4. A new Employment booster introduced to investors creating incremental jobs above the minimum specified threshold to promote holistic economic development
5. Introduced comprehensive Green Initiative incentives across solution areas such as Zero Liquid Discharge, Renewable Power, pollution control, water recycling, etc. to enable sustainability
6. Anchor Booster of up to 20% of ACI designed to give greater impetus to the first 3 Anchor units of Mfg. & Services
7. Sunrise Boosters for first 3 new units in new-age sectors up to 25% of ACI