Interest Subvention (Sunrise) Rajasthan
By Department of Industries and Commerce, Government of Rajasthan
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Quick Answer
Provides a 5% interest subvention on term loans for plant & machinery to enterprises in sunrise sectors in Rajasthan for a period of five years.
About this subsidy
The Interest Subvention (Sunrise) program is a key incentive under the Rajasthan Investment Promotion Scheme (RIPS) 2024, designed to bolster growth in the state's emerging "sunrise sectors." This scheme aims to reduce the financial burden on enterprises undertaking significant fixed capital investments. By offering a substantial interest subvention, the Government of Rajasthan encourages businesses to invest in modern plant and machinery, thereby fostering innovation, job creation, and economic diversification within these high-growth areas. The subvention directly supports companies by offsetting a portion of their borrowing costs, making term loans more attractive and facilitating easier access to capital for expansion and technological upgrades. This strategic incentive is crucial for enterprises looking to capitalize on new market opportunities and contribute to Rajasthan's industrial development. The program reflects the state's commitment to creating a conducive environment for industries that are poised for rapid expansion and significant economic impact.
Eligibility
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Subsidy providers
The Industries & Commerce Department is a Government of Rajasthan department based in Jaipur. It runs the Vishwakarma Yuva Udyami Protsahan Yojana, a continuous subsidy for enterprises owned by young entrepreneurs, and it sets out further MSME subsidies and incentives in the…
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What You Get
Enterprises qualifying for this scheme will receive a 5% interest subvention on term loans specifically taken for investment in plant & machinery. This financial support is provided for a period of five years. The maximum benefit an enterprise can avail under this subvention is capped at 2.5% of the Eligible Fixed Capital Investment (EFCI), which will be distributed equally over the five-year period. This significantly reduces the effective cost of borrowing, enhancing the financial viability of capital-intensive projects in sunrise sectors. The subvention acts as a direct financial incentive to promote modernization and capacity building within these target industries.
- Disbursement
- Reimbursement
- Duration
- 61 months
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
The selection process for the Interest Subvention (Sunrise) program primarily involves a rigorous eligibility verification and assessment of the submitted application against the criteria defined under the Rajasthan Investment Promotion Scheme (RIPS) 2024. Nodal agencies or designated committees within the Department of Industries and Commerce, Government of Rajasthan, will review documentation such as the term loan sanction letter, details of investment in plant & machinery, and proof of operations in a defined sunrise sector. The process ensures that only genuinely eligible enterprises that have made the specified investments receive the subvention, maintaining transparency and fairness.
How to apply
Four steps from draft to disbursement — one action each.
- 1
See the questions before you start
Download every question this programme's application form asks, so you can prepare your answers offline before opening the portal.
- 2
Line up your documents
Keep every document from the checklist ready in one folder. Missing docs are the #1 reason applications get bounced.
- 3
Submit on the official portal
Use the official application link and verify all details before final submission.
- 4
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Program templates & documents
Files the program publishes for applicants — download these and apply in the prescribed format.
Frequently Asked Questions
Q: What is the Interest Subvention (Sunrise) program?
A: It is an incentive under the Rajasthan Investment Promotion Scheme (RIPS) 2024 that provides a 5% interest subvention on term loans for plant & machinery to enterprises in designated 'sunrise sectors' in Rajasthan.
Q: Who is eligible for this interest subvention?
A: Enterprises operating in identified 'sunrise sectors' in Rajasthan, which have secured a term loan from an RBI-recognized financial institution for investment in plant & machinery, are eligible.
Q: What kind of investment does this subvention cover?
A: The subvention is specifically for term loans taken for investment in new plant & machinery by the eligible enterprise.
Q: What is the maximum benefit an enterprise can receive?
A: The subvention is capped at a maximum of 2.5% of the Eligible Fixed Capital Investment (EFCI), distributed equally over a period of five years.
Q: How long is the interest subvention provided?
A: The interest subvention is provided for a period of five years from the date of sanction of the term loan, subject to the maximum cap.
Q: How can enterprises apply for this subvention?
A: Applications are part of the broader Rajasthan Investment Promotion Scheme 2024 process. Interested enterprises should refer to the official RIPS 2024 guidelines and submit their application to the designated state authority, typically the Department of Industries and Commerce, Government of Rajasthan.
Sources
Data on this page is compiled from official program and provider references.
