Rajasthan Sunrise Booster 2024
By Department of Industries and Commerce, Government of Rajasthan
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Quick Answer
A 25% booster on the Asset Creation Incentive for eligible mega or ultra mega projects in Rajasthan's designated sunrise sectors, under RIPS 2024.
About this subsidy
The Sunrise Booster is a key component of the Rajasthan Investment Promotion Scheme (RIPS) 2024, meticulously designed to catalyze industrial growth and attract significant capital investments into the state. This initiative specifically targets high-growth, emerging sectors, collectively termed 'Sunrise sectors,' which are deemed crucial for Rajasthan's future economic diversification and job creation. By offering an additional 25% incentive on asset creation, the scheme aims to substantially mitigate the financial risks associated with large-scale capital expenditures for mega and ultra-mega projects. This is particularly vital for capital-intensive domains such as data centers, where meeting specific capacity thresholds (e.g., minimum 10 MW) is essential for eligibility. The strategic objective of this booster is to solidify Rajasthan's position as a premier destination for advanced manufacturing, cutting-edge technology, and other burgeoning industries, thereby cultivating a dynamic and innovation-driven economic ecosystem. Through this policy, the state actively encourages businesses to invest in state-of-the-art infrastructure and innovative technologies, contributing to a more robust, diversified, and resilient industrial base.
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
Eligible enterprises can receive a 25% booster on the Asset Creation Incentive that they have already chosen under the Rajasthan Investment Promotion Scheme 2024. This significant financial boost is designed to further reduce the capital expenditure burden for qualifying mega and ultra-mega projects in designated sunrise sectors. The incentive is paid out as a subsidy, directly enhancing the financial viability of large-scale investments and encouraging faster deployment of advanced infrastructure and technology. This direct financial benefit helps to offset initial setup costs, making Rajasthan a more attractive location for substantial industrial development.
- Disbursement
- Reimbursement
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
The selection process for the Sunrise Booster is rigorous, focusing on ensuring that only truly catalytic projects receive the enhanced incentive. Applications are reviewed by a dedicated committee comprising officials from the Department of Industries and the Finance Department, among others. Key criteria for evaluation include the project's classification as a 'mega' or 'ultra-mega' project, its alignment with the defined 'Sunrise sectors,' and its eligibility as one of the first three units to apply under the specific conditions (e.g., minimum 10 MW capacity for Data Centers). The committee assesses the project's overall impact on the state's economy, employment generation potential, and technological advancement, in addition to verifying adherence to all policy provisions.
Application Process
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Application Submission
Submit a detailed application for the Asset Creation Incentive and Sunrise Booster to the relevant government department, including project reports and financial documents.
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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.
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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
What is the Sunrise Booster?
The Sunrise Booster is an additional 25% incentive on the Asset Creation Incentive available under the Rajasthan Investment Promotion Scheme (RIPS) 2024, aimed at promoting investments in high-growth 'Sunrise sectors'.
Who is eligible for the Sunrise Booster?
It is applicable for the first three eligible units classified as mega or ultra mega projects in a designated Sunrise sector. For Data Centers, it applies to the first three units with a minimum capacity of 10 MW.
What kind of projects qualify as 'mega' or 'ultra mega'?
The Rajasthan Investment Promotion Scheme (RIPS) 2024 defines specific thresholds for investment and employment generation to categorize projects as mega or ultra mega. Applicants should refer to the full policy document for exact criteria.
How is the 25% booster calculated?
The 25% booster is applied on top of the base Asset Creation Incentive that an eligible enterprise is entitled to, effectively increasing the total incentive amount received for asset creation.
Is there a deadline to apply for this booster?
The program is open until the specified number of eligible units (first three) in each qualifying category has been covered. There is no single fixed deadline, as it operates on a 'first-come, first-served' basis for eligible projects.
Can any business apply, or is it restricted to specific legal entities?
The policy refers to "eligible units" and "eligible Enterprises," which generally encompasses all standard business legal forms like Private Limited Companies, LLPs, Partnerships, and Proprietorships, provided they meet the project size and sector criteria.
Sources
Data on this page is compiled from official program and provider references.
