Thrust Booster Rajasthan Scheme 2024
Department of Industries and Commerce, Government of Rajasthan · Central government
Rajasthan Investment Promotion Scheme 2024 offers Service Enterprises in Thrust Sectors an extra 10% incentive over the Asset Creation Incentive.
Open, rolling. Applications are accepted continuously — there is no deadline.
Key facts
- Subsidy amount
- Not specified
- Instrument
- Subsidy
- Deadline
- Rolling
- Disbursement
- Released against milestones
About this scheme
The Thrust Booster forms part of the Rajasthan Investment Promotion Scheme (RIPS) 2024 and is intended to strengthen the state's service sector. Under this incentive, eligible service enterprises operating in the 'Thrust Sectors' listed by the state government in Annexure 9.5 of the policy document receive additional financial support.
The booster adds 10% over the existing Asset Creation Incentive. It is meant to encourage businesses to put money into new assets, widen their operations, and generate employment, thereby contributing to economic growth in Rajasthan.
The mechanism is intended to build a competitive business environment, draw in fresh investment, and support service industries the state considers important to its long-term economic prospects. It reflects the government's stated intent to back enterprises that match its developmental priorities and identified sectoral focus.
Who can apply
- Eligible business forms
- Private limited company, Limited liability partnership, One person company, Partnership firm, Sole proprietorship
- Udyam registration
- Not specified
- MSME registration
- Not specified
- DPIIT startup recognition
- Not specified
- GST registration
- Not specified
- Where the business may be based
- Rajasthan
- Service Enterprises that operate in the Thrust Sectors listed in Annexure 9.5 of the Rajasthan Investment Promotion Scheme 2024.
How to apply
An application for the Thrust Booster is made within the wider application process for the Rajasthan Investment Promotion Scheme (RIPS) 2024. Service enterprises that qualify generally have to file a detailed application with the designated state authority, setting out their investment plans, projected asset creation and how they meet the 'Thrust Sector' criteria.
- The application generally requires detailed project proposals, financial projections, incorporation documents and evidence of operations in the specified sectors. - Incentive claims, including this booster, are processed only after thorough verification of asset creation and fulfilment of all scheme conditions. - The specific forms and detailed procedures for RIPS 2024 are set out in the official scheme guidelines, which applicants must consult.
How applications are assessed
Applications for the Thrust Booster are assessed by the relevant state authority — in most cases the Department of Industries or the Finance Department. That body checks each submission against the Rajasthan Investment Promotion Scheme 2024, confirming that the service enterprise is operational and that its activity falls within the notified Thrust Sectors. The assessment also covers the particulars of asset creation and the working behind the base Asset Creation Incentive, since the 10% booster is calculated on that figure.
Only enterprises that satisfy these conditions are granted the incentive, in keeping with the policy's aim of encouraging investment and economic growth.
Frequently asked questions
What is the Thrust Booster?
Eligible service enterprises in specified thrust sectors can claim an extra 10% on top of the Asset Creation Incentive under the Rajasthan Investment Promotion Scheme (RIPS) 2024, a provision intended to draw further investment into Rajasthan's key service industries.
Who is eligible for the Thrust Booster?
Service enterprises that are actively operating in the Thrust Sectors defined in Annexure 9.5 of the Rajasthan Investment Promotion Scheme 2024 are eligible to claim this booster, which is aimed at businesses contributing to asset creation and economic development in the state.
What is the amount of the Thrust Booster?
The booster adds 10% on top of the Asset Creation Incentive amount. The actual sum depends on the base Asset Creation Incentive the enterprise is eligible for and the value of assets created.
How can I apply for the Thrust Booster?
The Thrust Booster is claimed within the application process for incentives under the Rajasthan Investment Promotion Scheme 2024. For the detailed submission process, refer to the official RIPS 2024 guidelines and application forms, usually available through the Rajasthan Finance Department or the relevant state industry portals.
What are "Thrust Sectors"?
The Government of Rajasthan designates certain industry categories as Thrust Sectors, which are listed in Annexure 9.5 of the Rajasthan Investment Promotion Scheme 2024. Enterprises in these sectors receive priority consideration for incentives such as the Thrust Booster.
Is this booster a repayable loan or an equity investment?
No. The Thrust Booster is a subsidy, meaning it is non-repayable: the enterprise takes on no repayment obligation and the government takes no equity stake, with the funds intended to support asset creation and business expansion.
Sectors
- Rajasthan
- Incentive
- Service Enterprises
- Thrust Sectors
Details last verified on 14 September 2026. Source: the issuer's published information.