Rajasthan's Investment Promotion Scheme Disburses Record ₹765.78 Cr in FY25.

The Rajasthan government announced recently that it has disbursed ₹765.78 crore in investment incentives for the 2024-25 fiscal year under its Rajasthan Investment Promotion Scheme (RIPS). The state industries department highlighted that this reflects a growing investor interest and the government’s swift action in honoring claims.

According to Alok Gupta, Principal Secretary of Industries & Commerce, the strong response from investors shows their confidence in the state’s policy framework. "RIPS 2024 reflects the government's commitment to building an investor-friendly ecosystem," he said in a statement.

Strategic Sectors and Future Plans

The RIPS 2024 scheme, which was launched during a roadshow in the UK last October, is designed to attract investments in priority sectors. These include renewable energy, tourism, IT, and women-led startups. The incentives have already generated significant interest in various fields, such as solar, wind, waste-to-energy, biomass, and M-sand.

The government is building on this momentum from the Rising Rajasthan Global Investment Summit 2024, where Memoranda of Understanding (MoUs) worth an impressive ₹35 lakh crore were signed. Of these, projects worth ₹4.12 lakh crore have already moved into the implementation stage.

To further strengthen these partnerships, Rajasthan will host the Rising Rajasthan Partnership Conclave in Jaipur on December 11-12. The event aims to foster closer ties with industry, institutions, and multilateral bodies.