RIPS 2024 Platinum ACI Booster
Department of Industries and Commerce, Government of Rajasthan · Central government
Rajasthan may grant Platinum Package enterprises a case-by-case 20% booster on their chosen Asset Creation Incentive.
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
Under RIPS 2024, an enterprise that qualifies may receive a 20% booster applied to whichever Asset Creation Incentive it selects, within the manufacturing, services and sunrise categories. This sits on top of the enhanced ceiling that the Platinum Package already provides for very large projects, and is considered on a case-by-case basis.
The booster does not pay out as a separate amount; it multiplies an incentive the applicant is already claiming. Its worth therefore tracks the size of the underlying Asset Creation Incentive, which at Platinum scale is itself capped as a share of Eligible Fixed Capital Investment.
Since the grant is decided case by case, the booster is settled while the project's customised package is being negotiated with the state.
Applications are made through the RIPS 2024 route on Rajnivesh, Rajasthan's single-window investment portal.
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
- RIPS 2024 Platinum Package is open to enterprises in the manufacturing, services or sunrise category - Investment must exceed INR 3,000 crores - Employment generation must exceed 1,500 - Approval is granted on a case-by-case basis - The package applies in addition to the Asset Creation Incentive chosen by the enterprise
How to apply
- Enter the project details on the Rajnivesh single-window portal - Submit the RIPS 2024 application, selecting the Platinum Package - Demonstrate the committed investment and employment figures within the detailed project report - Specify the Asset Creation Incentive against which the booster is being claimed - Secure sanction for the booster from the competent authority, granted on a case-by-case basis
How applications are assessed
The competent authority evaluates each project for conformity with the Platinum Package conditions. Whether the 20% booster is allowed on the nominated Asset Creation Incentive is then determined on a case-by-case basis.
Frequently asked questions
What is the booster worth?
The Asset Creation Incentive is paid at 20% of whichever option the enterprise selects.
Who can get it?
The Platinum Package is open to manufacturing, services and sunrise-category enterprises that invest over INR 3,000 crores and generate more than 1,500 jobs.
Is it automatic?
No — approval is not automatic; the policy provides for it to be granted on a case-by-case basis.
Does it replace the Asset Creation Incentive?
No, it does not add a separate benefit; it increases the incentive you select under the scheme.
How does it relate to the Platinum ceiling?
The Platinum Package caps yearly Asset Creation Incentives at a set proportion of EFCI, and this booster raises whichever incentive is selected under that cap.
Where is this defined?
Clause 5.3 of the Rajasthan Investment Promotion Scheme 2024 governs this.
Sectors
- Rajasthan
- Rips2024
- Platinumpackage
- Assetcreationincentive
- Megaproject
- Stateincentive
Details last verified on 16 September 2026. Source: the issuer's published information.