- Maximum benefit
- 2% / 1% / 0.5% extra interest subvention over RIPS 2024 + 100% CGTMSE fee for 7 years + up to ₹15 lakh SME-IPO support
- Who can apply
- Micro, Small, Medium enterprises
- Status
- Open; current term ends 31 March 2029
Is Rajasthan MSME Policy 2024 open? Key facts at a glance
Rajasthan MSME Policy 2024 (Rajasthan): 2% / 1% / 0.5% extra interest subvention over RIPS 2024 + 100% CGTMSE fee for 7 years + up to ₹15 lakh SME-IPO support.
Last verified: 26 Oct 2026. How we check our information
| Status | Open |
|---|---|
| Level | Rajasthan State scheme |
| Type of benefit | Interest Subvention Top-up + CGTMSE Fee + Technology, Quality, Market and SME-IPO Assistance |
| Maximum benefit | 2% / 1% / 0.5% extra interest subvention over RIPS 2024 + 100% CGTMSE fee for 7 years + up to ₹15 lakh SME-IPO support |
| Project cost range | Interest top-up on plant and machinery loans up to 50 crore rupees, in three slabs |
| Who can apply | Micro, Small, Medium enterprises (Manufacturing, Service) |
| Implementing agency | Industries & Commerce Department, Rajasthan (Commissioner, Industries, Commerce & CSR; District Industries & Commerce Centre) |
| Official notification | Read the notification (PDF) · notified 8 December 2024 |
| Current term ends | 31 March 2029 |
| Last verified | 26 Oct 2026 · How we check |
What is Rajasthan MSME Policy 2024?
Notified on 8 December 2024 (No. F1(20)IND/GR-2/2024/05603), with scheme guidelines of 19 February 2025 amended on 27 August 2025, operative until 31 March 2029 (clause 4(a)); it replaced the MSME Policy Package 2022 (clause 4(b)). It adds to RIPS 2024 rather than replacing it.
Selected new or expanding MSMEs that already have interest subvention approved under RIPS 2024 get an extra 2% on plant-and-machinery loans up to ₹5 crore, 1% on ₹5–10 crore and 0.5% on ₹10–50 crore, for the same years as the RIPS subvention (clause 6.2) — but only if the unit is an ODOP enterprise of its district, is owned by SC/ST or women entrepreneurs, is a new enterprise of a young entrepreneur aged 18–45 (loan up to ₹10 crore), or is a new or expanding MSME in RIPS 2024 Area Category 3 (guidelines, scheme 1 clause 3).
Enterprises with collateral-free plant-and-machinery loans below ₹5 crore under CGTMSE get 100% of the annual guarantee fee reimbursed for seven years.
The policy also gives one-time support up to ₹15 lakh for raising equity on the NSE or BSE SME platform (clause 6.3), 50% of technology acquisition costs up to ₹5 lakh for micro and small units (clause 6.4), 50% of quality-certification and IPR costs up to ₹3 lakh (clause 6.6), fair and exhibition support (clause 6.10.1) and 75% of digitisation and e-commerce costs up to ₹50,000 each (clause 6.10.2).
Since the amendment of 27 August 2025 an interest top-up claim no longer waits for the RIPS subsidy of that quarter to be released.
Official notification (PDF) · notified 8 December 2024
What are the key benefits of Rajasthan MSME Policy 2024?
- Extra interest subvention over RIPS 2024 on plant-and-machinery loans: 2% up to ₹5 crore, 1% on ₹5–10 crore and 0.5% on ₹10–50 crore, for the same period as the RIPS subvention (clause 6.2; guidelines scheme 1).
- 100% of the CGTMSE annual guarantee fee for seven years on collateral-free plant-and-machinery loans below ₹5 crore (clause 6.2; guidelines scheme 1).
- One-time support of up to ₹15 lakh towards the cost of raising equity on the NSE or BSE SME platform, after a successful listing, for small and medium enterprises (clause 6.3; guidelines scheme 2).
- Technology acquisition: 50% of the cost, up to ₹5 lakh per unit, for micro and small enterprises, with a Chartered Engineer certifying the improvement (clause 6.4; guidelines scheme 3).
- Quality certification and IPR (BIS, FSSAI, ISO, ZED, IPR): 50% of the cost, up to ₹3 lakh, once per unit, for micro and small enterprises (clause 6.6; guidelines scheme 4).
- Fairs and exhibitions: 75% of stall rent up to ₹37,500 in Rajasthan (3 a year), ₹1,12,500 elsewhere in India (2 a year) and ₹1,50,000 abroad (1 a year), plus fares for two persons (clause 6.10.1; guidelines scheme 5).
- Digitisation: 75% of software or equipment cost up to ₹50,000; e-commerce: 75% of platform fees (excluding shipping) up to ₹50,000, on one platform (clause 6.10.2; guidelines scheme 6).
What could a unit get under Rajasthan MSME Policy 2024?
The ceiling the scheme sets. What a particular unit receives depends on its project cost, location and the conditions on this page, so no rupee figure is worked out here.
Up to the scheme’s limits: 2% / 1% / 0.5% extra interest subvention over RIPS 2024 + 100% CGTMSE fee for 7 years + up to ₹15 lakh SME-IPO support
Illustrative only: this is the scheme’s maximum, not an estimate for your unit. Source: Rajasthan MSME Policy 2024 — notification No. F1(20)IND/GR-2/2024/05603, 8 December 2024; scheme guidelines File 1(20)ind/Gr-2/2024, 19 February 2025; amendment File No. F.()CI/MSME Policy 2024/2025-26-05834, 27 August 2025.
Who can apply for Rajasthan MSME Policy 2024?
- MSMEs as defined by the Government of India (notification of 1 June 2020 and later amendments), with Udyam Registration (policy clause 2).
- Interest top-up: interest subvention must already be approved under RIPS 2024, and the unit must be an ODOP enterprise of its district, owned by SC/ST or women entrepreneurs, a new enterprise of a young entrepreneur aged 18–45 (loan up to ₹10 crore), or a new or expanding MSME in RIPS 2024 Area Category 3 (guidelines scheme 1, clause 3).
- SME-IPO support: small and medium enterprises in manufacturing or services, applying within one year of listing.
- Technology acquisition and quality certification: micro and small enterprises only. Closed units are not eligible under any scheme.
Eligible business types
MSME categories covered
Eligible industries
How do I apply for Rajasthan MSME Policy 2024?
- Apply to the General Manager of the District Industries & Commerce Centre (DICC) on the prescribed annexure forms; the policy says applications move online once the portal is operational (clause 7.2).
- Interest top-up: apply within 6 months of the RIPS 2024 approval; loans above ₹10 crore go to the Commissioner. The District (DLTFC) or High Level (HLTFC) Task Force Committee approves, and claims are filed quarterly with a chartered accountant certificate.
Which documents are needed for Rajasthan MSME Policy 2024?
- Udyam Registration
- Certificate of incorporation or partnership deed; board resolution or authority letter
- RIPS 2024 application, project report and Entitlement Certificate or approval (for the interest top-up)
- Loan sanction letter with repayment and disbursal schedule
- Proof that the loan was used for plant and machinery
- First sale bill
- Chartered accountant certificate in the prescribed annexure
- Invoices, payment proofs and certificate copies (for reimbursements)
- Undertaking on stamp paper
Can Rajasthan MSME Policy 2024 be combined with other schemes?
This scheme can be combined with the following for higher total benefits:
Why are Rajasthan MSME Policy 2024 applications rejected?
- Interest top-up claimed without RIPS 2024 interest subvention approved
- Unit not in one of the four categories for the interest top-up (ODOP, SC/ST or women owned, young entrepreneur, Area Category 3)
- Interest top-up applied for more than 6 months after the RIPS approval
- Closed unit
- Quality certification claim filed more than 12 months after the certificate
Subsidy Setu's DPR preparation process addresses all common rejection points before filing.
Frequently asked questions about Rajasthan MSME Policy 2024
- Is Rajasthan MSME Policy 2024 open?
- Yes. The current term runs until 31 March 2029. Status last verified: 26 Oct 2026.
- Who can apply for Rajasthan MSME Policy 2024?
- Micro, Small, Medium enterprises (Manufacturing, Service).
- What is the maximum benefit under Rajasthan MSME Policy 2024?
- 2% / 1% / 0.5% extra interest subvention over RIPS 2024 + 100% CGTMSE fee for 7 years + up to ₹15 lakh SME-IPO support.
- How do I apply for Rajasthan MSME Policy 2024?
- 1. Apply to the General Manager of the District Industries & Commerce Centre (DICC) on the prescribed annexure forms; the policy says applications move online once the portal is operational (clause 7.2). 2. Interest top-up: apply within 6 months of the RIPS 2024 approval; loans above ₹10 crore go to the Commissioner. The District (DLTFC) or High Level (HLTFC) Task Force Committee approves, and claims are filed quarterly with a chartered accountant certificate.
- Until when can I apply for Rajasthan MSME Policy 2024?
- The current term runs until 31 March 2029. Projects must usually be registered or commence within the term; check the cut-off before you rely on it.
Guides on Rajasthan MSME Policy 2024
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