The Rajasthan Investment Promotion Scheme (RIPS)- 2024 has drawn massive investment in state. The incentives offered in RIPS are attracting corporates and industries to set up their shops in Rajasthan, which has done remarkably well in the Ease of Doing Business.
The state government approved this incentives and other benefits to as many as 25 enterprises at the
State Level Sanctioning Committee (SLSC) meeting held under the chairmanship of Shikhar Agarwal, Additional Chief Secretary, Industries and Commerce.
“These enterprises together will invest Rs 2,661 crore in the state generating job opportunities for 2,700 people,” said Neelabh Saxena, Commissioner Industries Commerce and CSR. He also holds charge of Commissioner, Bureau of Investment Promotion.
Saxena said that various benefits such as asset creation incentive, thrust booster, interest subsidy, exemption in electricity charge and green incentives among others have been approved.
“Now these benefits will be given to them in a phased manner. In this approval committee, benefits are offered to enterprises with an investment amount of more than Rs. 25 crore for promoting manufacturing, green investment services, export promotion, training and skill development,” said Saxena.
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