RIPS 2024 M-Sand Investment Subsidy
Department of Industries and Commerce, Government of Rajasthan · Central government
RIPS 2024 refunds 75% of State tax paid by M-Sand units in Rajasthan for ten years.
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
Rajasthan's Investment Promotion Scheme 2024 includes a separate package aimed at units producing manufactured sand (M-Sand). Under this, an investment subsidy is offered amounting to 75% of the State tax that the unit pays and deposits, and this benefit runs for a period of ten years.
Since the subsidy is linked to the tax actually deposited instead of a fixed upper limit, its worth rises in step with the unit's turnover. A unit in operation thus gets back three-fourths of its yearly State tax payment throughout the ten-year benefit period. No rupee ceiling for this particular component is mentioned in the policy.
Claims for this subsidy are made under the RIPS 2024 procedure via Rajasthan's single-window investment portal. The scheme also extends other M-Sand concessions covering stamp duty, electricity duty, conversion charges, employment and fund-raising, and this subsidy is available along with those.
Who can apply
- Eligible business forms
- Not specified
- Udyam registration
- Not specified
- MSME registration
- Not specified
- DPIIT startup recognition
- Not specified
- GST registration
- Not specified
- Where the business may be based
- Rajasthan
- M-Sand (manufactured sand) unit making an investment in Rajasthan - Unit must be liable for State tax and must actually deposit it - Benefit is available for a period of 10 years - Claim to be made under the Rajasthan Investment Promotion Scheme 2024
How to apply
1. Submit an application through the state single-window portal (rajnivesh.rajasthan.gov.in) under the Rajasthan Investment Promotion Scheme 2024. 2. Register the M-Sand unit and file the particulars of the investment. 3. Secure the entitlement certificate from the sanctioning authority. 4. Lodge periodic subsidy claims against the State tax actually deposited, supported by the tax challans as proof.
Frequently asked questions
How much do I get back?
The unit receives 75% of the State tax it has paid and deposited.
For how long?
Ten years.
Is there a rupee cap?
This component's policy text specifies a percentage and a duration rather than a rupee ceiling.
Who qualifies?
Under RIPS 2024, M-Sand units making investments in Rajasthan may claim the incentives available under the policy.
Sectors
- Manufacturing Industrial
- Rajasthan
- Msand
- Manufacturing
- Tax Subsidy
- Rips2024
Details last verified on 18 September 2026. Source: the issuer's published information.