Rajasthan
RIPS 2024 M-Sand Investment Subsidy
Department of Industries and Commerce, Government of Rajasthan
About This Scheme
M-Sand units in Rajasthan get back 75% of the State tax they pay, for ten years, under RIPS 2024.
Rajasthan's Investment Promotion Scheme 2024 carries a dedicated package for manufactured-sand (M-Sand) units. The headline item is an investment subsidy equal to 75% of the State tax due and deposited by the unit, available for ten years.
Because it is pegged to tax actually deposited rather than to a fixed ceiling, the value scales with the unit's own turnover — a working unit recovers three-quarters of its State tax outgo every year of the benefit period. The policy does not state a rupee cap for this line item.
The subsidy is claimed under the RIPS 2024 process through Rajasthan's single-window investment portal, and it sits alongside the scheme's other M-Sand concessions on stamp duty, electricity duty, conversion charges, employment and fund-raising.
Benefits
- The unit receives an investment subsidy of 75% of the State tax due and deposited, for a period of ten years.
- It is paid as a reimbursement against tax actually remitted, so the annual value tracks the unit's own production and sales rather than a flat sanctioned amount.
- No rupee ceiling is stated for this component in the policy text.
How to Apply
Rolling basis
Quick Info
Amount / Funding
Varies
State / Region
Rajasthan
Ministry / Dept
Department of Industries and Commerce, Government of Rajasthan
Tags
Subsidy