Rajasthan CM Bhajanlal Sharma gives nod to investment promotion scheme
Bhajanlal Sharma gave approval for the Rajasthan Investment Promotion Scheme-2024 during a cabinet meeting on Sunday. Deputy Chief Minister Diya Kumari, while briefing the media about the decisions, said that the government aims to attract maximum investment for the Rising Rajasthan Global Investment Summit scheduled to be held from December 9 to 11.
In this context, the cabinet approved the Rajasthan Investment Promotion Scheme 2024 (RIPS-2024), which she stated is the most attractive investment promotion scheme in the country in terms of incentives for investors.
She said necessary provisions have been made in RIPS-2024 to attract investment.
«The minimum investment limit for incentives under the Standard Services Package in RIPS-2024 has been reduced from Rs 50 crore to Rs 25 crore. For tourism units, it has been further reduced to Rs 10 crore,» the deputy CM said.
New and emerging sectors like aero and space, defense, drones, semiconductors, agri-tech and waste recycling have also been included in the policy.
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