RIPS Highlights

1. 100% exemption from payment of Stamp Duty and Land Conversion Charges.
2. 100% exemption for 7 years from payment of Electricity Duty and Mandi Fee, and Land Tax.
3. Investment Subsidy reimbursement to the extent of 75% of SGST and for thrust sector up to 100% of SGST.
4. Reimbursement of employer contribution towards employees EPF and ESI, 50% for general and 75% for thrust sector & Woman/SC/ST/PwD employees.
5. Total benefits up to 150% of capital invested for enterprises set up in Backward, Most Backward, TSP, Desert and Hilly areas.
6. Total benefits up to 150% of Capital invested for enterprises set up by Woman/SC/ST/Physically challenged.
7. Additional benefit for investment in environmental protection technologies for MSME, textile and apparel sector.
8. Interest and Capital Subsidy to 26 manufacturing and 11 service thrust sectors.
9. Sanction of subsidy without inspection, based on third party certification and simplified norms for availing Customized Package.
10. Strengthen industrial, logistic and social infrastructure.

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