Anchor Booster (RIPS 2024) — 20% Top-Up on Asset Creation Incentive — Frequently Asked Questions

It adds 20% on top of the Asset Creation Incentive that the enterprise is eligible for under RIPS 2024. The payable figure is the lower of two numbers: 20% of the Asset Creation Incentive amount the enterprise has opted for, or 20% of the annual ceilings prescribed for that Asset Creation Incentive.

There is no fixed rupee figure. The booster is expressed as a percentage — 20% — so the actual sum depends on the size of the enterprise's Asset Creation Incentive and the annual ceilings attached to it, both of which vary from project to project. The amount is described as varying rather than fixed.

Eligible Service Enterprises that qualify as Regional Anchors or Sectoral Anchors, as defined in Annexure 9.1.2 of the Rajasthan Investment Promotion Scheme 2024. Both conditions matter: the applicant must be an eligible service enterprise, and it must meet the anchor definition.

It is a subsidy — a financial incentive from the Government of Rajasthan. It is not a loan that has to be repaid, and it is not an equity investment, so accepted applicants do not give up any stake in their company.

No fixed closing date is set. The scheme operates on a rolling basis, which means applications can be made throughout the duration of the Rajasthan Investment Promotion Scheme 2024.

You apply through the process laid down under RIPS 2024, the parent scheme. That involves submitting a detailed project proposal along with documents establishing your status as a Service Enterprise and your classification as a Regional or Sectoral Anchor. The official RIPS 2024 document carries the forms, instructions and submission channels, and the state's investment portal is at rajnivesh.rajasthan.gov.in.

The documents that matter are those proving your eligibility as a Service Enterprise and your classification as a Regional or Sectoral Anchor under Annexure 9.1.2. These are submitted together with a detailed project proposal. The RIPS 2024 document sets out the exact forms and paperwork required.

Assessment is integrated into the RIPS 2024 evaluation framework. Reviewers first confirm that the project qualifies for the Asset Creation Incentive, and separately verify the anchor classification against Annexure 9.1.2. Relevant government departments and committees then carry out a multi-stage review to check that the proposal complies with all policy stipulations and fits the scheme's objectives.

No. The booster is an add-on rather than a standalone benefit. The project's eligibility for the Asset Creation Incentive is established first, and only then is the 20% uplift applied to the eligible claim.

It is administered by the Department of Industries and Commerce, Government of Rajasthan, as a component of the Rajasthan Investment Promotion Scheme 2024.

No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for Anchor Booster (RIPS 2024) — 20% Top-Up on Asset Creation Incentive, though having it can strengthen your application and unlock other benefits.

Anchor Booster (RIPS 2024) — 20% Top-Up on Asset Creation Incentive is offered by Department of Industries and Commerce, Government of Rajasthan, a government body. It is provided as non-dilutive funding.