Thrust Booster Rajasthan 2024 — Extra 10% Subsidy for Service Enterprises — Frequently Asked Questions

It gives you an additional 10% over the Asset Creation Incentive you qualify for under the Rajasthan Investment Promotion Scheme 2024. It is a cash subsidy, so the amount lands as financial assistance rather than as a loan or an investment.

There is no fixed sum. The booster equals 10% of your Asset Creation Incentive, and that base figure depends on the assets you create and the incentive you are eligible for. Two businesses can therefore receive very different rupee amounts under the same scheme.

Eligible Service Enterprises operating in the Thrust Sectors defined by the Government of Rajasthan. The sector list is given in Annexure 9.5 of the Rajasthan Investment Promotion Scheme 2024, and since the booster is an add-on, the enterprise also needs to qualify for the underlying Asset Creation Incentive.

They are the industry categories the Government of Rajasthan has identified as important for the state's investment and economic development. The full list sits in Annexure 9.5 of the RIPS 2024 policy document, and enterprises working in those categories are the ones prioritised for this booster.

The list is set out in Annexure 9.5 of the RIPS 2024 policy document. Applicants should check that annexure directly to confirm whether their line of service falls within it, because the booster is limited to businesses operating inside that list.

No. The scheme has a rolling deadline and stays open, so there is no annual cut-off to work against. Keep in mind that claims are processed after your asset creation has been verified, so your investment timeline still matters.

The details available for this scheme do not list a DPIIT or MSME registration requirement. Eligibility here is framed around being a Service Enterprise operating in a Thrust Sector. Because the booster sits inside RIPS 2024, it is worth checking the official scheme guidelines for any general documentation conditions that apply to the parent scheme.

Neither. The Thrust Booster is a non-repayable subsidy. There is no repayment obligation and no equity stake taken by the government, so your ownership of the business stays intact.

You claim the booster as part of the broader RIPS 2024 application, rather than through a separate window. Applications and the related process run through the state's investment portal at https://rajnivesh.rajasthan.gov.in/, and the official RIPS 2024 guidelines describe the forms and the detailed procedure you need to follow.

Expect to provide a detailed project proposal, financial projections, incorporation documents and evidence that your operations fall within the specified sectors. Claims for the incentive, including this booster, are processed after the asset creation and all scheme conditions have been verified.

The Thrust Booster is framed for eligible Service Enterprises operating in Thrust Sectors, so it is aimed at the service side of the economy rather than at manufacturing units.

Thrust Booster Rajasthan 2024 — Extra 10% Subsidy for Service Enterprises is offered by Department of Industries and Commerce, Government of Rajasthan, a government body. It is provided as non-dilutive funding.