Rajasthan Interest Subvention Scheme: 5% Subsidy for Manufacturers — Eligibility Criteria

The scheme is built for manufacturing enterprises in Rajasthan. To qualify, the unit must have taken a term loan specifically for investment in plant and machinery, equipment or plant-related apparatus.

• The lending institution must be a bank, a financial institution or a state financial institution recognised by the Reserve Bank of India.
• The subvention applies for 5 years.
• The supported investment must form part of the Eligible Fixed Capital Investment (EFCI).
• General manufacturing enterprises face a ceiling of 2.5% of EFCI, spread equally across the five years.
• Enterprises in the Textile, Garments & Apparel sector follow a separate ceiling of 2.5% of EFCI per year.

All manufacturing enterprises in the state are covered, with the textile, garments and apparel industry enjoying distinct, more favourable provisions.

Rajasthan Interest Subvention Scheme: 5% Subsidy for Manufacturers is open to startups at the product and revenue stage working in industrial goods and textiles leather. The programme is targeted at startups registered in Rajasthan. Applicants should be registered as private limited, llp and opc.