Interest Subvention (Sunrise) Rajasthan — 5% for Plant & Machinery — Eligibility Criteria
Interest Subvention (Sunrise) Rajasthan — 5% for Plant & Machinery is open to product · revenue-stage startups registered in India. The full eligibility criteria — qualifying sectors, states and entity types — are below.
Who can apply
The scheme is built for enterprises that are setting up or expanding inside a sector notified as a sunrise sector in Rajasthan. Two conditions carry the weight.
- Sector: the enterprise must be operating in one of the state's designated sunrise sectors.
- Loan in place: it must have taken a term loan for plant & machinery from a financial institution recognised by the Reserve Bank of India.
The eligibility test rests on both points together — a sunrise-sector business with no qualifying term loan does not fit, and a business holding the right kind of loan but sitting outside the notified sectors does not either. Support is tied to a genuine fixed capital investment in plant and machinery.
The scheme information available does not spell out permitted entity types, a DPIIT or MSME registration condition, or separate founder criteria. Applicants should confirm those points against the current RIPS 2024 guidelines before filing.
Interest Subvention (Sunrise) Rajasthan — 5% for Plant & Machinery is open to startups at the product and revenue stage. The programme is targeted at startups registered in Rajasthan. Applicants should be registered as private limited, llp and opc.
- Eligible stage
- Product · Revenue
- Location
- Open to startups registered in India
- Entity type
- Private Limited, Llp, Opc, Partnership, Proprietorship
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