Plug & play facilities game-changing strategy for industry
Without pandering to incentives, the state govt rolled out an industrial development package in the Budget 2026-27, aimed at accelerating growth, attracting investments, and strengthening Rajasthan's position as a manufacturing and services hub.
The Budget also earmarked Rs 350 crore for plug-and-play facilities at divisional level, providing ready-to-use infrastructure for small and micro enterprises.
Though clearances and approvals still remain a big headache for the industry, a ‘Single Window – One Stop Shop' facility with 149 online permissions will simplify clearances for entrepreneurs, while a competitive index will benchmark departmental performance. To generate employment and attract global investment, the govt already announced a Global Capability Centre (GCC) Policy, alongside the Rajasthan Trade Promotion Policy to boost the trading sector.
The finance minister announced sector-specific clusters across the state: a toy park in Kota, stone parks in Nimbahera and Bundi, a ceramic park in Soniyana, a pharma park under the Delhi-Mumbai Industrial Corridor, and a block printing zone in Sanganer to preserve traditional crafts. Additionally, 18 new industrial areas will be developed to expand opportunities for manufacturing and allied industries.
In a relief for MSMEs, stamp duty on loan documents was reduced to 0.125% (capped at Rs 10 lakh), easing access to credit and lowering compliance costs. Under the revised framework, MSME enterprises will receive benefits not only as per the new definition but also on expansion, ensuring wider coverage for small businesses, said the finance minister during her Budget speech.
Though clearances and approvals still remain a big headache for the industry, a ‘Single Window – One Stop Shop' facility with 149 online permissions will simplify clearances for entrepreneurs, while a competitive index will benchmark departmental performance. To generate employment and attract global investment, the govt already announced a Global Capability Centre (GCC) Policy, alongside the Rajasthan Trade Promotion Policy to boost the trading sector.
The finance minister announced sector-specific clusters across the state: a toy park in Kota, stone parks in Nimbahera and Bundi, a ceramic park in Soniyana, a pharma park under the Delhi-Mumbai Industrial Corridor, and a block printing zone in Sanganer to preserve traditional crafts. Additionally, 18 new industrial areas will be developed to expand opportunities for manufacturing and allied industries.
In a relief for MSMEs, stamp duty on loan documents was reduced to 0.125% (capped at Rs 10 lakh), easing access to credit and lowering compliance costs. Under the revised framework, MSME enterprises will receive benefits not only as per the new definition but also on expansion, ensuring wider coverage for small businesses, said the finance minister during her Budget speech.
Popular from City
- 'Stabbed them repeatedly': US-returned Bengaluru techie kills retired Navy captain father, doctor mother in villa over startup funding
- Bharat bandh on February 12: Banks, transport, offices - what will be open and what will shut during nationwide strike
- ‘Worst of the worst criminal aliens’: 21 Gujaratis included among 89 Indians on US list
- 'Gave poisoned laddoos': How ‘mystical healer’ Kamruddin preyed on greed, promised ‘dhanvarsha’ and left a trail of deaths in Delhi
- Trans-border lease of life: Indian sister donates kidney for Bangladeshi brother
end of article
Trending Stories
- Bharat Bandh Today Live Updates: 30 crore workers expected to join nationwide strike; banks, transport services impacted
- Bharat bandh on February 12: Banks, transport, offices — what will be open and what will shut during nationwide strike
- JEE Main 2026 Result Date & Time Live Updates: Session 1 answer keys are expected to be released soon, scorecards to be issued on Feb 16, check latest updates here
- India vs Namibia Live Score, T20 World Cup 2026: Eyes on Abhishek Sharma as India face Namibian challenge in Delhi
- Inside Bishnoi gang’s hit list: Sidhu Moosewala, Salman Khan, Ranveer Singh, Rohit Shetty & more
- Haryana shocker: 25-year-old woman travelling in e-rickshaw crushed to death after drunk cop's car rams vehicle
03:11 Kanpur Lamborghini crash: Tobacco baron KK Mishra's son Shivam Mishra arrested 4 days after VIP Road rampage; to appear in court shortly
Featured in city
- Bharat Bandh Today Live Updates: 30 crore workers expected to join nationwide strike; banks, transport services likely to be impacted
- Inside Bishnoi gang’s hit list: Sidhu Moosewala, Salman Khan, Ranveer Singh, Rohit Shetty & more
- MBA student goes missing after falling into Uttarakhand’s Gangnahar canal
- 4 years on, no bridge; locals walk 10 km daily for essentials in Uttarakhand's Pilang village
- Maharashtra’s Suraksha Smart City to deliver 5,868 PMAY homes in phases
- Speeding school vehicle hits auto, kills 2 girls on scooter in Bengaluru; driver held
Photostories
- Taylor Swift’s most viral on-stage moments: From performing in the rain to giving a shout-out to Blake Lively's kids
- 5 Vastu-suggested wind chimes to hang at home for attracting love and luck
- Not Deepika Padukone, Not Rashmika Mandanna, Not Aishwarya Rai, THIS actress became the first to deliver Rs 1000 crore blockbuster
- The royal legacy of Bhagalpuri silk: Why it has earned the title ‘Queen of all Silks’.
- ‘The 50’: From a luxurious house to car collection, net worth and more- Karan Patel’s lavish lifestyle
- Top 8 most expensive homes in Delhi
- Mahashivratri 2026 tips based on your date of birth
- 8 anti-inflammatory soups that can heal from inside out
- Top 5 real estate hotspots in Hyderabad: A 2026 investment guide
- Delhi gets its first Yamuna river cruise from Feb 20 — here’s what to expect
Videos
04:25 India Approves Rs 3.25 Lakh Crore Rafale Fighter Jet Deal As Air Force Seeks Squadron Expansion Plan04:39 Accused Shivam Mishra Gets Bail Within Hours of Arrest in Kanpur Crash Case06:44 First Post-Hasina Polls See BNP-Jamaat Clash, Violence, Low Turnout As Yunus Promises New Bangladesh03:56 Zero Tariff Available To India Too: Goyal On Rahul's 'Textiles' Claim On US-Bangladesh Trade Deal03:24 Haryana: 25-Year-Old Woman Crushed To Death After Drunk Cop Rams Car Into E-Rickshaw In Ambala08:22 Rahul Gandhi Faces Motion In Lok Sabha As BJP MP Seeks Termination And Lifetime Ban From Parliament05:34 Rijiju Shares 'Illegal Video' Of Speaker's Chamber, Says 'Congress MPs Abused, Threatened PM Modi'03:14 UN Flags Jaish-e-Mohammed Role In Delhi Red Fort Attack Raises Alarm Over Masood Azhar's Women Wing03:15 'Let Us Do It Together': Rahul Gandhi Cuts In As Ashwini Vaishnaw, Pralhad Joshi Speak To Reporters
Up Next
Start a Conversation
Post comment