Rajasthan Cabinet Unveils Major Investment Promotion Scheme, Targets Multi-Sector Growth

Jaipur, Sep 30 (KNN) The Rajasthan Cabinet has approved a wide-ranging ‘Rajasthan Investment Promotion’ scheme, aimed at boosting economic growth and attracting diverse investments across multiple sectors.

Deputy Chief Minister Diya Kumari announced key features of the new policy, including significant reductions in investment thresholds for incentives.

The minimum investment required for the Standard Services Package has been lowered from Rs 50 crore to Rs 25 crore, with a further reduction to Rs 10 crore for tourism projects.

The scheme now encompasses sectors such as aerospace, defense, drones, semiconductors, agri-tech, and waste recycling.

In a move to support smaller enterprises, MSME units with fixed capital investments below Rs 1 crore have been brought under the scheme's purview. Additionally, existing businesses venturing into exports for the first time will be eligible for benefits.

The policy introduces flexible land payment options for manufacturing units, allowing investors to pay 25 per cent of land costs upfront, with the remainder payable in 10 instalments at 8 per cent interest.

Energy-intensive industries will receive power cost incentives, while the MSME sector will benefit from extended interest exemption periods.

Special provisions have been made to encourage women entrepreneurs, with 100 per cent SGST reimbursement offered to women-run start-ups for two years. Large-scale investments exceeding Rs 3,000 crore will receive five times the standard incentives.

These comprehensive measures reflect the Rajasthan government's commitment to industrial growth, renewable energy expansion, and administrative modernisation.

(KNN Bureau)