RIPS 2024 Platinum ACI Ceiling (2.5%)
Department of Industries and Commerce, Government of Rajasthan · Central government
RIPS 2024 raises the Asset Creation Incentive ceiling to 2.5% of EFCI per annum for projects investing over INR 3,000 crore and creating more than 1,500 jobs.
Open, rolling. Applications are accepted continuously — there is no deadline.
Key facts
- Subsidy amount
- Not specified
- Instrument
- Subsidy
- Deadline
- Rolling
- Disbursement
- Reimbursed after spend
About this scheme
The **Platinum Package** forms the highest tier under RIPS 2024. Enterprises that **invest above INR 3,000 crores** and create **more than 1,500 jobs** qualify for **Asset Creation Incentive (ACI) ceilings fixed at 2.5% of EFCI each year**.
EFCI refers to the Eligible Fixed Capital Investment recognised for the project, which means the yearly entitlement rises in step with the capital actually deployed on the ground. A higher ceiling does not release any payment on its own — it widens the annual limit within which ACI claims are settled, and for a project of this scale that limit governs how fast the incentive can be drawn.
The Platinum Package is applied for through the RIPS 2024 route on Rajasthan's Rajnivesh single-window investment portal, as part of the project's approval.
Who can apply
- Eligible business forms
- Not specified
- Udyam registration
- Not specified
- MSME registration
- Not specified
- DPIIT startup recognition
- Not required
- GST registration
- Not specified
- Where the business may be based
- Rajasthan
- Investment exceeding INR 3,000 crores - Employment generation exceeding 1,500 - Enterprise seeking Asset Creation Incentives under RIPS 2024 - Ceiling applicable per annum against Eligible Fixed Capital Investment (EFCI)
How to apply
- Create the project entry on the Rajnivesh single-window portal. - Lodge the RIPS 2024 application, selecting the Platinum Package. - Provide the detailed project report establishing investment exceeding INR 3,000 crores and employment exceeding 1,500. - Arrange for assessment of the Eligible Fixed Capital Investment for the project. - Secure sanction of the customised package from the competent authority.
How applications are assessed
Before the Platinum Package ceiling of 2.5% of EFCI per annum is extended, the competent authority carries out an appraisal covering the project's investment quantum, its employment commitment and its EFCI assessment.
Frequently asked questions
What is the enhanced ceiling?
Asset Creation Incentives are provided at 2.5% of EFCI per annum.
What is EFCI?
What is Eligible Fixed Capital Investment? It is the capital investment recognised for the project under the scheme, and the percentage ceiling is applied against this amount.
Who qualifies?
Enterprises that invest over INR 3,000 crores and generate more than 1,500 jobs fall into this category.
Does this pay me money directly?
The annual ceiling on the Asset Creation Incentives you claim is fixed by this limit, and the payout continues to be disbursed through those incentives.
Is there a higher ceiling available?
For projects exceeding INR 4,000 crore that are export oriented and support the green economy, the same clause permits the cap to be raised to as much as 3% of EFCI.
Where is this defined?
Clause 5.3 of the Rajasthan Investment Promotion Scheme 2024 governs this.
Sectors
- Rajasthan
- Rips2024
- Platinumpackage
- Assetcreationincentive
- Megaproject
- Efci
Details last verified on 16 September 2026. Source: the issuer's published information.