Government of Rajasthan · 2024 – Mar 2029

Rajasthan MSME
Policy 2024

A comprehensive incentive framework for Micro, Small & Medium Enterprises in Rajasthan — offering capital subsidy on fixed assets, interest subvention on loans, electricity duty exemption, and employment generation support for new and expanding units.

🏗️ Up to 50% Capital Subsidy
💰 7% Interest Subvention
⚡ Electricity Duty Exempt
👷 EPF/ESI Reimbursement
Benefits Under MSME Policy 2024
🏗️
Up to 50%

Capital Subsidy on Fixed Assets

Subsidy on eligible fixed capital investment in plant, machinery, and buildings — up to 50% depending on enterprise size (micro/small/medium) and zone category (A/B/C/D).

💰
7%

Interest Subsidy on Term Loan

7% per annum interest subvention on term loans for micro and small enterprises for a period of 5 years, reducing the effective cost of capital significantly.

Exempt

Electricity Duty Exemption

Full electricity duty exemption for 5–7 years based on zone and enterprise type — for new units established under MSME Policy 2024 during the policy period.

👷
₹36,000/yr

Employment Generation Support

Employer's share of EPF/ESI reimbursed at up to ₹36,000 per employee per year for 5 years — encouraging formal employment and workforce expansion in MSME sector.

Who Is Covered
  • New MSME units in Rajasthan commencing commercial production after the policy notification date are eligible.
  • Existing MSMEs undertaking substantial expansion — with at least 50% new fixed capital investment — qualify for incremental benefits.
  • Udyam Registration mandatory — enterprise must be registered under the Udyam portal as Micro, Small, or Medium.
  • Manufacturing & service sector enterprises both covered — subject to approved industry category and negative list exclusions.
  • Dovetailed with RIPS 2024 & Export Policy — eligible units can simultaneously claim benefits under multiple state schemes.
  • Retail trade, wholesale trade, and purely financial activities are outside the scope of this policy.

Planning to set up or expand your MSME? C&S Consultancy helps you navigate zone classification, benefit stacking across RIPS 2024 + MSME Policy, project report preparation, and subsidy applications. Contact us today.