Jaipur: The state-level screening committee on Wednesday approved various subsidies under the investment scheme for 22 projects that had started operations recently.
The industrial projects had invested Rs 550 crore in sectors like food processing, textiles, stone, and metals, including ATM machine manufacturing. The benefits under Rajasthan Industrial Promotion Scheme included investment subsidy, employment benefits, capital subsidy and exemptions like electricity duty and mandi tax.
A senior official of the industry department said the Bureau of Investment Promotion (BIP) has already received investment proposals worth Rs 12,680 crore and the projects cover various sectors like tourism, renewable energy, food processing and warehouse services. But renewable energy has a larger share in the mix with the proposals accounting for close to Rs 7,000 crore. Tourism is another sector that has over 11 investment proposals. TNN