Schemes and Initiatives by Rajasthan Government
iStart Rajasthan
Flagship Startup Support Program
Overview:
Launched by the Department of IT & Communication, iStart Rajasthan is the state’s primary platform for nurturing startups, innovators, and entrepreneurs. It offers registration, incubation, funding, mentorship, and market access — all under one digital roof.
Key Benefits:
Free incubation and mentoring via iStart Nest and Virtual Incubation Program
Grants and funding support from ₹2.4 lakh up to ₹5 crore
TalentConnect portal for jobs, internships, and collaborations
e-Bazaar marketplace for startup products and government procurement
Student & school programs through Launchpad hubs and Ideathons
Who Can Apply: Startups, student innovators, women entrepreneurs, and rural ventures.
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Rajasthan Investment Promotion Scheme (RIPS) 2024
Incentives for MSME Growth & Industrial Investment
Overview:
RIPS 2024 boosts investments and industrial development by providing comprehensive financial incentives to Micro, Small, and Medium Enterprises (MSMEs).
Key Benefits:
75% SGST reimbursement for 10 years
Capital subsidies up to ₹1.5 crore (agro/food) or ₹40 lakh (plastic alternatives)
Interest subsidy up to 6% + extra 2% for small loans
100% guarantee-fee reimbursement for loans up to ₹5 crore
100% exemptions on stamp duty, mandi fee & electricity duty
Who Can Apply: New and existing MSMEs, startups, women, SC/ST, and rural entrepreneurs.
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Rajasthan MSME Policy 2024
Comprehensive Support for Small Businesses
Overview:
This policy strengthens Rajasthan’s MSME ecosystem with tax relief, capital subsidies, interest support, environmental benefits, and skill development programs.
Key Benefits:
75% SGST reimbursement for 10 years
Capital subsidies up to ₹1.5 crore and interest support up to 8.5%
100% exemption on stamp duty, mandi fee, and land conversion charges
Reimbursement for training, certification, and technology upgrades
Market access via E-Bazaar and export support under Mission Niryatak Bano
Who Can Apply: Registered MSMEs, startups, women & SC/ST entrepreneurs, and green manufacturing units.
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RIICO Scheme
Industrial Land & Infrastructure Development
Overview:
The Rajasthan State Industrial Development and Investment Corporation (RIICO) develops industrial areas, provides land allotment, and promotes large-scale industrial growth.
Key Benefits:
424 industrial areas with complete infrastructure (roads, water, power)
Direct land allotment for MoU investors and e-auction options
Affordable land sales in semi-developed zones
Smart industrial township (JPMIA) under development
Revenue reinvestment in infrastructure through zero-tax policy
Who Can Apply: Industrial investors, entrepreneurs, and companies seeking land for manufacturing or services.
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MSME Innovation & Loan Scheme (RSFC)
Financial Support for Entrepreneurs
Overview:
Run by the Rajasthan State Financial Corporation (RSFC), this scheme provides easy-access loans to MSMEs for new ventures, expansion, and modernization.
Key Benefits:
Loans up to ₹5 crore for manufacturing, services, or trade units
Repayment tenure of 3–10 years with flexible moratoriums
Interest rates between 9.75%–11.5% p.a.
Financing for land, machinery, tech upgradation, and working capital
Simple application via RSFC branches
Who Can Apply: Registered MSMEs, startups, and entrepreneurs with viable business plans.
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Together, These Schemes Build Rajasthan’s Entrepreneurial Future
With world-class incubation, simplified financing, industrial infrastructure, and digital governance, Rajasthan is creating an inclusive, innovation-driven economy where every entrepreneur can thrive.