Rajasthan Investment Promotion Scheme (RIPS)

• 06 Aug 2025

Why in News? 

The Rajasthan government has disbursed ₹765.78 crore in investment incentives under the Rajasthan Investment Promotion Scheme (RIPS) for the 2024-25 fiscal year. 

Key Points 

• About: RIPS 2024 is the Rajasthan government’s flagship scheme to promote investments across manufacturing, services, renewable energy, MSMEs, startups, and sunrise sectors. 
  • Launched at a UK roadshow in October 2023, the scheme operates until 31st March 2029, with potential revisions as needed. 
• Priority Sectors and Categories: 
  • Manufacturing, services, sunrise sectors, MSMEs, startups, industrial infrastructure, logistics, warehousing, R&D, and global capability centers. 
  • Special focus on women, youth, and startups; logistic infrastructure requires minimum investments ranging from ₹2 crore (warehouse or cold chain) to ₹50 crore (multi-modal logistics parks). 
• Key Incentives: 
  • Capital Subsidy: Up to 28% of eligible investment for some sectors. 
  • SGST Reimbursement: Up to 75% of State GST for a defined period. 
  • Stamp Duty Reimbursement: Up to 75% exemption and reimbursement for the remainder. 
  • Renewable Energy Focus: 100% exemption of electricity duty, 75% exemption in stamp duty and conversion charges (remainder reimbursed), banking and transmission exemptions, and dedicated benefits for green hydrogen and energy storage. 
• Eligibility: 
  • For new/expansion investments and for projects starting commercial production within the operative policy period or two years from entitlement, whichever is later. 
  • Eligible entities may access single-window clearance through the Rajnivesh portal, streamlining applications and approvals. 
• Implementation and Scale: 
  • Rajasthan has signed MoUs worth ₹35 lakh crore as per the 2024 Rising Rajasthan Global Investment Summit, with over ₹4.12 lakh crore under implementation. 
  • Regular partnership conclaves and roadshows to attract both domestic and global investors. 
    • The Rajasthan government will host the Rising Rajasthan Partnership Conclave in Jaipur on 11-12 December 2025 to further strengthen partnerships with industry leaders, institutions, and multilateral bodies, continuing the momentum of investment and collaboration in the state. 

Key Facts About Rajasthan 

• Rajasthan is the largest State in the country in terms of area.  
  • It is spread over the geographical area of about 3.42 lakh square kilometres, which is 10.41% of India's total land area. 
• It is located in the northwest part of the country and is surrounded by the States of Punjab, Haryana, Uttar Pradesh, Madhya Pradesh, and Gujarat. 
• The Gross State Domestic Product (GSDP) for 2023-24 is USD 182.02 billion, with a GSDP growth rate of 8.03% at constant prices (2011-12).