Blog, By State Governments, Rajasthan, Rajasthan, RIPS 2019, RIPS- 2019, State Government Scheme

Benefits to Service Enterprises under RIPS- 2019

In order to generate employment opportunities and promote rapid, sustainable and balanced economic growth in Rajasthan, Rajasthan government has issued the policy, “The Rajasthan Investment Promotion Scheme, 2019” (RIPS-2019) to provide benefits to eligible manufacturing and service sector enterprises.

The operative period of the scheme is 17/12/2019- 31/03/2026.

This article is dedicated to the benefits provided to service enterprises mentioned in RIPS- 2019. Please go through other articles under the same category i.e. “RIPS- 2019” for other information regarding the scheme.

Benefits to Service Enterprises

*“Industry 4.0” means the enterprises engaged in big data & analytics, artificial intelligence, nano technology, quantum computing, fifth-generation wireless technologies, simulations, horizontal & vertical system integration, cyber security, cloud, additive manufacturing and augmented reality across the business value chain;

Additional Benefits to Service Enterprises in Thrust Sectors

Meanings of:

IT Park:

IT Sector:

means both software development and the hardware involved in the IT industry including everything from computer systems, to the design, implementation, study and development of IT, IT based management systems, IT based service provider through-platform, and IT based Aggregator businesses and systems. It will also include Robotics Enterprises, IT Software and ITeS companies, Internet of Things (IOT), Industrial Internet of Things, Animation, Visual Effects, Gaming and Comics (AVGC) , BPO, KPO, Call Centers, Internet & Email Service Providers, Online service and EDI Services, Electronic Data centre Services, IT Incubation Centers, IT Start Ups, Plug & Play office space facility for IT based businesses & applications, IT Education training and digital media and any other IT enabled service which results from the use of any IT system for realizing value addition.

Plug and Play Office Complex:

means new development of a complex in the form of flatted factory complex undertaken during the operative period of scheme in the nature of a vertical development in the shape of more than two storey building with minimum 30,000 sq. ft. of saleable/leasable area and out of which more than 70% of saleable/leasable area (excluding Parking Space) is (or to be) reserved for

  1. Co- working shared office spaces or Plug and Play leasable offices for IT Sector and/or Apparel Sector and/or
  2. Incubators of IT Sector

Provided that more than 70% of the total saleable/ leasable area, shall be allotted/ leased out to at least 3 different enterprises.

List of activities identified for Backward and Forward Linkages for Agro Processing Sector in rural areas:

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