Government Policies & Support Schemes

Comprehensive guide to government initiatives supporting the stone and marble industry in Rajasthan, including financial assistance, marketing support, and investment incentives.

Rajasthan Investment Promotion Scheme RIPS 2024-2029

RIPS (Rajasthan Investment Promotion Scheme) Policy-2025 is mainly an extended version of RIPS 2024, which is to promote investment in Rajasthan. It includes additional interest subsidy and loan guarantee for MSMEs, better incentives for women entrepreneurs, special assistance for key sectors (such as tourism, renewable energy), skill training subsidy, and provisions like VAT waiver, aiming to create employment and strengthen the state's economy. These policies are applicable from 2024-2029.

Key Points of RIPS 2025

  • MSME Incentives: Additional interest subsidy and annual loan guarantee fee reimbursement for establishment or expansion of new MSMEs
  • Women Entrepreneurs: Better incentives and relaxation in eligibility criteria for women entrepreneurs
  • Key Sectors: Special schemes to promote sectors like tourism and renewable energy
  • Skill Development: Per month subsidy for training workers
  • Financial Assistance: Exemption in interest and penalty on VAT-related outstanding amounts (such as 2017 cases)
  • Implementation: Implemented by Department of Industries and Commerce through District Industry Centers
  • Objective: Creating employment opportunities and making establishment of enterprises easier in the state

Summary: RIPS 2024/2025 is a comprehensive policy of Rajasthan Government that provides financial incentives for various sectors and businesses so that investment increases in the state and economic development occurs.

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