Rajasthan MSME Policy 2024
75%
State Tax Reimbursement, 10 Years
₹1.5 Cr
Capital Subsidy — Agro & Food Processing
Up to 2%
Extra Interest Subvention over RIPS 2024
31 Mar 2029
Policy In Force Until
Why the policy exists
The policy aims to create a globally competitive and locally relevant MSME sector, and is designed as a one-stop shop for all State incentives to MSMEs — promotion of new enterprises, cluster-based technology upgradation, market linkages, industrial infrastructure, quality certification and improved credit flow. It runs from notification in the official Gazette until 31 March 2029 and supersedes the MSME Policy Package 2022.
Several heads below are not free-standing. They operate by reference to specific clauses of RIPS 2024, and the policy states that provisions taken from the prevailing RIPS are treated as revised if those clauses are amended — so the figures track RIPS rather than being fixed here. Separately, an enterprise cannot take similar benefits under more than one State policy.
Capital, interest and credit support
Asset creation incentives (RIPS 2024 Clause 3.4.2.1)
| Type | Benefit |
|---|---|
| Investment subsidy | 75% of State tax due and deposited, for 10 years |
| Capital subsidy — plastic alternatives | 50% of capital investment, maximum ₹40 lakh |
| Capital subsidy — agro & food processing | 50% of capital investment, maximum ₹1.5 crore |
| Additional capital subsidy | 5% extra for FPOs owned by SC/ST/women entrepreneurs, or units in Tribal Sub-Plan areas |
Additional interest subvention over and above RIPS 2024
| Loan for plant and machinery | Additional Subvention |
|---|---|
| Up to ₹5 crore | 2% |
| ₹5 crore – ₹10 crore | 1% |
| ₹10 crore – ₹50 crore | 0.5% |
- •Duration matches the interest subsidy period defined in RIPS 2024 for MSMEs.
- •Projects up to ₹10 crore are evaluated by the District Level Task Force Committee; above ₹10 crore by the High Level Task Force Committee chaired by the Commissioner, Industries and Commerce.
- •Collateral-free CGTMSE term loans below ₹5 crore attract reimbursement of 100% of the annual guarantee fee paid to lending institutions, for 7 years.
- •One-time support up to ₹15 lakh towards the cost of raising equity on the NSE or BSE SME exchange platform, after a successful raise.
Technology, quality, sustainability and skilling
| Head | Benefit |
|---|---|
| Technology acquisition | 50% of cost, maximum ₹5 lakh per unit, for Micro and Small units acquiring technology or software from IISc, IITs, NITs, NIDs, CSIR or another premier institute |
| Quality enhancement | 50% of cost, maximum ₹3 lakh, one-time — BIS, FSSAI, ISO, ZED certifications and IPR, including testing and documentation |
| Sustainability (max ₹1 crore) | 50% of environmental project cost; 10% of clean-production machinery cost; 100% electricity duty exemption on captive renewable generation for 7 years; 50% consent fee waiver under the Rajasthan Green Rating System |
| SIDBI Green Finance | 6% interest subvention on loans under the scheme |
| Skill development | 50% of employee training cost up to 6 months — ₹20,000 per month for Micro, ₹30,000 for Small, ₹40,000 for Medium units |
| Cluster development | Common Facility Centres supported under Central and State schemes; specific cluster incentives under RIPS 2024 Clause 3.4.2.5 |
'Environmental projects' means environmental infrastructure such as ETPs and waste management, Zero Liquid Discharge, air pollution control and water measures.
Exhibitions, digitisation and e-commerce
| Event | Assistance |
|---|---|
| Fairs / exhibitions in Rajasthan | ₹37,500 or 75% of stall rent, whichever is less — maximum 3 events per year, plus 3-AC train or AC bus fare for 2 persons |
| Fairs / exhibitions elsewhere in India | ₹1,12,500 or 75% of stall rent, whichever is less — maximum 2 events per year, plus 3-AC train or AC bus fare for 2 persons |
| Fairs / exhibitions abroad | ₹1,50,000 or 75% of stall rent, whichever is less — maximum 1 event per year, plus economy airfare for 2 persons |
A cooling-off rule sits behind the per-year caps and is easy to miss when planning an exhibition calendar: after claiming in a category in one financial year, the beneficiary cannot claim in that same category for the next two financial years. Assistance applies only to fairs notified by the State Government.
- •Digitisation of business processes — 75% of the cost of POS systems, barcode scanners and inventory software, maximum ₹50,000 per MSME.
- •E-commerce adoption — 75% of platform fees excluding shipping, maximum ₹50,000 per MSME, for one platform only, available to enterprises adopting e-commerce after notification.
Facilitation, ease of doing business and governance
- •The Rajasthan MSME (Facilitation of Establishment and Operation) Act 2019 exempts new MSMEs from all approvals and inspections under any state law for 5 years from establishment.
- •An online Single Window Clearance System covers 16 departments and corporations providing about 135 services through a Composite Application Form, alongside a One Stop Shop in the Bureau of Investment Promotion.
- •MSME Investment & Facilitation Centres in every District Industries & Commerce Centre, MSME Development & Facilitation Centres at divisional headquarters, and 17 Micro & Small Enterprises Facilitation Councils for delayed-payment disputes.
- •Plots reserved for MSMEs in RIICO industrial areas, with thrust on flatted structures to provide affordable space; infrastructure support for existing and greenfield clusters in non-RIICO areas.
- •A State Level Review Committee chaired by the Secretary, Industries & Commerce, with the Commissioner as Member Secretary, monitors implementation; the High Level and District Level Task Force Committees screen and sanction proposals.
Source: Rajasthan MSME Policy 2024, Department of Industries & Commerce, Government of Rajasthan. Execution follows the relevant RIPS 2024 clauses and procedural guidelines; remaining scheme guidelines and application formats are issued separately.