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  3. Capital Subsidy for Agro & Food Processing MSME
Rajasthan

Capital Subsidy for Agro & Food Processing MSME

Department of Industries and Commerce, Government of Rajasthan

About This Scheme

MSMEs in Rajasthan's Agro & Food Processing sector can claim a capital subsidy of up to ₹1.5 crore on their capital investment under the Rajasthan Investment Promotion Scheme 2024.

The Capital Subsidy for Agro & Food Processing (MSME) program is a key incentive under the Rajasthan Investment Promotion Scheme 2024. This initiative aims to bolster the growth and development of micro, small, and medium enterprises (MSMEs) operating in the crucial Agro & Food Processing sector within Rajasthan. By providing significant financial support for capital investments, the scheme encourages businesses to enhance their infrastructure, adopt new technologies, and expand their production capacities, ultimately contributing to economic growth and job creation in the state. The program is designed to alleviate the financial burden on enterprises undertaking substantial capital expenditures, making it more attractive for them to invest and innovate in a sector vital to the state's economy. It specifically targets enterprises that are engaged in the processing of agricultural produce, ensuring value addition and better market linkages for farmers.

Benefits

  • Enterprises engaged in Agro & Food Processing in Rajasthan are eligible for a special incentive equivalent to 50% of their capital investment, subject to a maximum limit of ₹1.5 crore.
  • This subsidy aims to significantly reduce the financial burden of new investments, enabling MSMEs to upgrade facilities, acquire machinery, and expand operations without incurring full capital costs.
  • The financial assistance provided is non-repayable, contributing directly to the unit's profitability and long-term sustainability.

How to Apply

Rolling basis

Quick Info

Amount / Funding
Up to ₹1.5 Cr
State / Region
Rajasthan
Ministry / Dept
Department of Industries and Commerce, Government of Rajasthan
Tags
Subsidy