HomeBureaucracySEC considers offering incentives to rope in Rs 50k crore investment in...

SEC considers offering incentives to rope in Rs 50k crore investment in Rajasthan

The State Empowered Committee (SEC) chaired by Rajasthan chief secretary V Srinivas considered offering customised package to worth Rs. 49,883.85 under the Rajasthan Investment Promotion Scheme (RIPS). 

The projects were from various sectors including , Cement, Steel, Textile, Automobile, Medical and Education, Mines and Petroleum, Hotels and Resort and Chemicals.  

According to officials, the projects on hitting the ground are likely to generate 13,271 new jobs in the state.  

Companies that are  investing in the Rajasthan include Jindal Renewable Power Private Ltd., Star Cement Ltd, Dalmia Bharat Green Vision Ltd, JSW Cement Limited, Honda Motorcycle & Scooter Pvt Ltd, Hindustan Zinc Ltd, Chambal and Chemicals Ltd, Sangam (India) Ltd, Jindal Saw Ltd, Fortune Foundation and Goyal Fashions Pvt Ltd.

Rajasthan chief secretary V Srinivas said that the scale of investment proposals reflects the strong confidence of the industry leaders in Rajasthan's progressive policies and growth-oriented vision. 

“By fostering a transparent, efficient, and investor-friendly ecosystem, the State is committed to enabling sustainable industrial and creating long-term value for both investors and citizens,” he said. 

Senior officers who attended meeting were Abhay Kumar, Additional Chief Secretary, Water Resource Department; Shikhar Agarwal, Additional Chief secretary, Industries Department; Anand Kumar, Additional Chief Secretary, Forest & Environment; Praveen Gupta, Additional Chief Secretary, PWD; Ajitabh Sharma, Additional Chief Secretary, Energy Department; Vaibhav Galriya, Principal Secretary Finance, T. Ravikanth, Principal Secretary, Mines & Petroleum; Dr Debasish Prusty, Principal Secretary, UDH; Suresh Kumar Ola, Commissioner, Bureau of Investment (BIP) & Industries, Commerce and CSR and Jugal Kishore, Additional Commissioner, Bureau of un Investment (BIP).

20 new policies launches, incentive of Rs 1500 crore disbursed 

Over the past year, the State Government has undertaken various reforms to strengthen the investment ecosystem, including the launch of more than 20 progressive policies and the implementation of Ease of Doing Business reforms. Through initiatives such as online MoU facilitation on a single-window platform, time-bound approvals via the RajNivesh portal offering over 170 services across 19 departments, GIS-enabled industrial land databases, and an e-auction portal for land allotment, Rajasthan has significantly enhanced regulatory efficiency. The State has also emerged as one of the leading performers in compliance reduction under the Government of India's Reducing Compliance Burden exercise. 

Under the Rajasthan Investment Promotion Scheme (RIPS), incentives worth Rs 1500 crore have already been disbursed in FY 2025–26, underscoring the government's strong commitment to easing the cost of doing business and ensuring timely delivery of benefits to investors. These sustained reforms have played a critical role in grounding MoUs worth over Rs 8 lakh crore, reinforcing Rajasthan's position as one of the most investor-friendly destinations in the country.

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