RIPS 2024 Platinum ACI Booster
By Department of Industries and Commerce, Government of Rajasthan
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Quick Answer
Platinum Package enterprises in Rajasthan may be granted a 20% booster on their chosen Asset Creation Incentive, decided case by case.
About this subsidy
On top of the enhanced ceiling that the Platinum Package gives very large projects, RIPS 2024 allows a further enhancement: a qualifying enterprise may be granted a 20% booster on its choice of Asset Creation Incentive, as part of the manufacturing, services and sunrise category, on a case-by-case basis.
The booster multiplies an incentive you are already claiming rather than paying a separate sum, so its value follows the size of the underlying Asset Creation Incentive — which, at Platinum scale, is itself governed by a ceiling expressed as a share of Eligible Fixed Capital Investment. Because the grant is case by case, the booster is settled during the negotiation of the project's customised package with the state.
It is pursued through the RIPS 2024 route on Rajasthan's Rajnivesh single-window investment portal.
Eligibility
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Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
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
A qualifying Platinum Package project can have its chosen Asset Creation Incentive raised by 20%. Because the booster scales an incentive already sized against your Eligible Fixed Capital Investment, the rupee value grows with the project rather than being fixed. The policy grants it on a case-by-case basis, so it is agreed as part of the customised package negotiated with the state at approval.
- Disbursement
- Reimbursement
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
The competent authority appraises the project against the Platinum Package conditions and decides case by case whether to grant the 20% booster on the nominated Asset Creation Incentive.
Application Process
- 1
File the Platinum application
Apply under RIPS 2024 with the project's investment and employment commitments.
You - 2
- 3
- 4
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.
Frequently Asked Questions
What is the booster worth?
20% on the choice of Asset Creation Incentive the enterprise is claiming.
Who can get it?
Enterprises eligible for the Platinum Package — investing more than INR 3,000 crores with employment generation above 1,500 — in the manufacturing, services and sunrise category.
Is it automatic?
No, the policy grants it on a case-by-case basis.
Does it replace the Asset Creation Incentive?
No — it boosts the incentive you choose under the scheme.
How does it relate to the Platinum ceiling?
The Platinum Package sets the annual ceiling on Asset Creation Incentives as a share of EFCI; this booster enhances the incentive chosen within that framework.
Where is this defined?
Clause 5.3 of the Rajasthan Investment Promotion Scheme 2024.
Sources
Data on this page is compiled from official program and provider references.
