Rajasthan Logistics Interest Subvention

Under the Rajasthan Investment Promotion Scheme 2024, the Interest Subvention for Logistics Infrastructure extends a 7% interest subvention on term loans to enterprises investing in logistics infrastructure. Eligible facilities include warehouses, cold storage, multi-modal logistics parks (MMLPs), inland container depots (ICDs), and air freight stations. The incentive is intended to lower the cost of borrowing for businesses that commit capital to these assets, and to support new investment and expansion in the sector.

The subvention runs for seven years, which helps enterprises manage debt servicing costs across a substantial operational period. This is relevant for large-scale infrastructure projects, which tend to have extended gestation periods and high initial investment requirements. Annual ceilings differ by facility type, so the support is calibrated to the needs of each category of logistics infrastructure.

The scheme is aimed at strengthening goods movement and storage infrastructure in Rajasthan, with benefits extending to industries such as manufacturing and agriculture through more cost-effective logistics. The Government of Rajasthan intends the initiative to develop the state as a logistics hub, draw further investment, and generate employment.

- **Check eligibility:** Go through the Rajasthan Investment Promotion Scheme 2024 guidelines in detail to verify that your enterprise qualifies — pay particular attention to the category of logistics infrastructure investment and where the loan is sourced from. - **Arrange a term loan:** For your logistics infrastructure project, take a term loan from a Bank, a State Financial Institution, or a Financial Institution recognised by the Reserve Bank of India. - **Assemble the application:** Gather the required paperwork, which generally covers project reports, loan sanction letters, particulars of the investment, the enterprise's incorporation documents, and any additional forms or declarations the scheme prescribes. - **File the application:** Send your interest subvention application through the Government of Rajasthan's designated portal or office, following the procedure laid down in the RIPS 2024 policy document. - **Track progress:** Wait for updates on your application's status. During scrutiny, the authorities may ask for further details or clarification, so keep that information ready. - **Obtain the subvention:** Once approved, the interest subvention is processed and paid out in line with the scheme's guidelines, usually as a reimbursement or as a direct adjustment against the loan interest.

Under the Rajasthan Investment Promotion Scheme 2024, the Government of Rajasthan's relevant department handles applications for the Interest Subvention for Logistics Infrastructure. Each application and its supporting documents undergo detailed scrutiny to confirm that every eligibility condition is met — covering the type of investment, where the term loan comes from, and the enterprise's financial standing. A designated committee or authority then examines the project particulars to establish that the proposal fits the scheme's objectives and falls within the specified logistics infrastructure categories.

Subvention is sanctioned only once all policy conditions have been verified as satisfied. This approach is intended to keep the allocation of incentives transparent and fair, directing them to enterprises that qualify.