Legal Man

TOP FIVE GOVERNMENT SUBSIDY SCHEMES IN RAJASTHAN FOR BUSINESS:

The Rajasthan State Government is empowering new and/or existing business/ entrepreneur to develop the new business opportunities for sustainable development of the state and country economy.  

In This content you will get the below information:

  • Name of Top 5 Govt subsidy Scheme for business in Rajasthan
  • Key Benefits of the top 5 Govt subsidy Scheme for business in Rajasthan

Top 5 Govt Subsidy Scheme for business in Rajasthan:-

1. Rajasthan Investment Promotion Scheme 2024:

The Rajasthan Investment Promotion Scheme 2024 is best for Manufacturing and selected service sector units, moreover it is also provide benefits to Sunrise Sectors, MSMEs, Startups, Industrial Infra Structure (Warehouse and logistic parks) and R&D, GCC & Test Labs etc.

The key benefits under the scheme are as below:

  1. Assets Creation Benefits:
    (I) Capital Subsidy 13% to 28% for manufacturing unit and 10% to 20% for selected service sector unit

    OR
    (II) Turnover Link Subsidy 1.2% to 2% of the turnover for manufacturing unit and 1% to 1.4% for service sector units.

    OR

    (III) Investment subsidy of 75% State tax due and deposited for a period of seven years

2. ASSETS CREATION INCENTIVES: Top-Ups

Employment Booster

Thrust Booster or Anchor Booster

3. EXEMPTIONS:

a) 100% Electricity Duty exemption for 7 years

b) 100% Stamp Duty exemption

c) 100% Conversion Charges Exemption

d) 100% Mandi Fee exemption for 7 years

e) 100% Market Fee exemption for 7 years.

For more details CLICK HERE!!!

2. Mukhyamantri Naari Shakti Udhyam Protsahan Yojana (MNSUPY):

This scheme is specifically designed to encourage woman entrepreneur to start their own business and be a self-independent woman. 

Under this scheme the Manufacturing, Service and Trading units all three types

of business can get benefits of capital subsidy.

The Manufacturing and service sector units with a project size upto 1 crore are eligible to get benefits under this scheme and the trading units upto project size of 10 lakh can get benefits under this scheme.

The key benefits of the Mukhyamantri Naari Shakti Udhyam Protsahan Yojana (MNSUPY) is flat 25% capital subsidy is available upto maximum amount of ₹25 Lakh.

3. Vishwakarma Yuva Udhyami Protsahan Yojana (VYUPY):

In September, 2025 the Rajasthan state government has issued a new scheme Vishwakarma Yuva Udhyami Protsahan Yojana (VYUPY) for the youth generation aged between 18 to 45 years to create new business opportunities and employement in the state of Rajasthan.

Eligibility of under Vishwakarma Yuva Udhyami Protsahan Yojana (VYUPY):

  • Applicant age should be 18-45 years
  • Service sector or manufacturing units only
  • Project size upto 2 crore only
  • Maximum Working Capital (CC Limit) upto 30% of total loan amount

The key benefits of the Vishwakarma Yuva Udhyami Protsahan Yojana (VYUPY);

  • Capital subsidy @ 25% of loan amount maximum upto 5 Lakh.

Interest subsidy of 8% if loan amount of Rs. 1 Crore and 7% for loan between 1-2 crore.

4. Rajasthan Trade Promotion Policy 2025:

The government generally promotes service sector or manufacturing sectors units by various incentives, subsidies and other benefits but now the state government of Rajasthan first time launch a special dedicated schemes for traders “Rajasthan Trade Promotion Policy 2025”.

Key feature/ benefits under the Rajasthan Trade Promotion Policy 2025:

  1. The working Capital may be maximum 80% of the total loan amount.
  2. The new trading units can get benefits under the Rajasthan Trade Promotion Policy 2025.
  3. Interest subvention of 4% to 6% is available for the traders.
  4. 50% CGTMSE fee reimbursement.
  5. 50% stock insurance premium reimbursement for the period of 5 years maximum upto Rs. 1 Lakh per annum.
  6. 75% E-commerce platforms charges reimbursement.

5. Prime Minister’s Employment Generation Programme (PMEGP):

The Prime Minister’s Employment Generation Programme (PMEGP), is a central Government scheme which was launched in the year 2008-09 to encourage new business entrepreneur to generate employment. This scheme is available in the whole of the nation and it is managed and processed by the Khadi and Village Industries Commission (KVIC) and  State Khadi and Village Industries Boards (KVIBs) through it’s nodal agency of District Industrial Centres (DICs).

What are the eligibility criteria under PMEGP scheme?
The Key eligibility criteria under PMEGP are as below:

  • This scheme is available only for Manufacturing or Service sector units, hence the trading units are not eligible under PMEGP scheme.
  • The applicant age must be above 18 years.
  • If the manufacturing unit project size is more than 10 lakh or for service sector unit the project size is more than 5 Lakh then minimum education should be 8th
  • The maximum project size allowed under PMEGP scheme is upto Rs. 50 Lakh for manufacturing units and upto Rs. 25 Lakh for Service sector units.
  • The project loan should have minimum 60% as a term loan and maximum 40% asa working capital loan.

What are the key benefits available under the PMEGP Scheme?

The key benefits under PMEGP scheme credit linked capital subsidy is given by the central government, which will be given on the basis of project location, applicant gender and social category wise.

The benefits matrix is as below:

Applicant category

Applicant Margine Money

Subsidy % of total project cost

Unit Location

 

Urban

Rural

If the applicant is in General Category

10%

15%

25%

If the applicant is in OBC/ ST/SC/ Ex-servicemen/ Physically Handicapped/ Women/ Transgender etc.

5%

25%

35%

FAQ:

Q:1. I’m a trader, in which government scheme I can benefits in the state of Rajasthan?

Ans: A trader can get benefits under Rajasthan Trade Promotion Scheme 2025 and in any other scheme traders are not eligible to get benefits.

Q:2. Which scheme is best for a manufacturing unit in the state of Rajasthan?Ans: A manufacturer can get benefits under Rajasthan Investment Promotion Scheme (RIPS) for big size projects, Mukhyamantri Naari Shakti Udhyam Protsahan Yojana (MNSUPY) upto project size of INR 1 crore and for women entrepreneur only, Vishwakarma Yuva Udhyami Protsahan Yojana (VYUPY) upto project size of 2 Crore and for youth aged between 18-45 Years and Prime Minister’s Employment Generation Programme (PMEGP) for the project size upto INR. 50 Lakh.

 Q 3: In which scheme a food processing unit can get maximum benefits?
Ans: A food processing unit can get maximum benefits under RIPS 2024 as 50% capital subsidy on EFCI and Interest subventions unto 6% p.a. and other benefits.

 Q 4: What is the minimum lock-in period of capital subsidy under Mukhyamantri Naari Shakti Udhyam Protsahan Yojana (MNSUPY)?
Ans: The capital subsidy lock-in period under Mukhyamantri Naari Shakti Udhyam Protsahan Yojana (MNSUPY) is upto 3 years.

Q 5: Which manufacturing industries are eligible to get benefits under RIPS 2024?
Ans. All type of manufacturing industries are eligible to get benefits under RIPS 2024 except tobacco & pan masala, cow beef, retail & trading, city gas distribution and other prohibited industries.

Q 6: Which service industries are eligible to get benefits under RIPS 2024?
Ans: Only selected service industries are eligible to get benefits under RIPS 2024 which are as below:

  • Healthcare
  • IT & ITeS
  • Fintech
  • Tourism
  • Entertainment
  • Film City
  • Civil Aviation
  • Common Utility Centre
  • Sports Academy
  • AVGC-XR
  • Higher Education
  • Plug and Play Office Complex
  • Social Infrastructure
  • Vocational Training and Skilling
    Knowledge based Industries