RIPS 2024 MSME Green Loan Subvention
Department of Industries and Commerce, Government of Rajasthan · Central government
Rajasthan MSMEs receive 6% interest subvention on loans for activities under SIDBI's Green Finance Scheme.
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
Green capital expenditure is normally funded through debt, and for a small unit it is the interest cost that makes the payback calculation difficult. The Rajasthan Investment Promotion Scheme 2024 tackles this issue head-on: an MSME that borrows for an activity covered by SIDBI's Green Finance Scheme receives 6% interest subvention on that loan.
Six percentage points represent a significant portion of the interest rate typically charged on an MSME term loan, which means the effective cost of debt for green capex falls considerably for as long as the subvention applies.
This benefit sits within the MSME green incentives block of RIPS 2024. Benefits in that category are paid out across ten years, and the MSME green incentives are subject to a shared ceiling. Applications are submitted via Rajasthan's single-window investment portal.
Who can apply
- Eligible business forms
- Not specified
- Udyam registration
- Not specified
- MSME registration
- Required
- DPIIT startup recognition
- Not specified
- GST registration
- Not specified
- Where the business may be based
- Rajasthan
- The enterprise must be registered as an MSME and must operate in Rajasthan. - The loan must be availed for activities covered under SIDBI's Green Finance Scheme. - The subvention applies to the interest payable on that loan. - Green incentive benefits are disbursed over a period of 10 years.
How to apply
1. Obtain a loan for an activity that falls within the scope of SIDBI's Green Finance Scheme. 2. Through the state single-window portal (rajnivesh.rajasthan.gov.in), apply under the Rajasthan Investment Promotion Scheme 2024, providing MSME registration details. 3. Provide the sanction letter together with loan documents that show the activity qualifies under the SIDBI scheme. 4. Lodge subvention claims at regular intervals, attaching the lender's interest certificate and the repayment record.
Frequently asked questions
How much interest subvention is available?
6% on the qualifying loan.
Which loans qualify?
Loans are available for activities that fall within the scope of SIDBI's Green Finance Scheme.
Does the state give the loan?
No, the loan itself is provided by the lender, while the state covers 6% of the interest cost.
Who can claim it?
The Rajasthan Investment Promotion Scheme 2024 is open to MSMEs.
Sectors
- Rajasthan
- Msme
- Green Finance
- Interest Subvention
- Sidbi
- Rips2024
Details last verified on 18 September 2026. Source: the issuer's published information.