Q. What is the name of scheme recently launched by Rajasthan government to promote private investment?
Answer: Rajasthan Investment Promotion Scheme (RIPS) 2024
Notes: Rajasthan launched the Rajasthan Investment Promotion Scheme (RIPS) 2024 to attract private investment with expanded financial incentives. RIPS 2024 improves upon RIPS 2022 by covering more sectors and offering increased financial benefits. It includes new sunrise sectors like Aero & Space, Defence, Drones, Semiconductors, Agri-Tech, and Waste Recycling. The first three mega projects in these sectors receive a 25% additional sunrise booster and a 10% extra incentive over asset creation.

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