Rajasthan Circular Economy Incentive Scheme 2025
**Objective:** Promote sustainable development by encouraging businesses, industries, and startups to adopt circular economy practices, minimize waste, and maximize resource utilization. **Budget:** Up to ₹2 crore grant for R&D in recycling/reuse. **Key Features:** - Financial and non-financial incentives for eligible projects focused on recycling and waste reduction - Manufacturing units using waste as primary raw material eligible for incentives - Manufacturing of innovative machinery/technology supporting circular economy - Centres of Excellence (CoEs) and institutions specializing in circular economy research - Interest subsidies for startups and MSMEs engaged in circular economy - Waste to Wealth Parks to be established at all district headquarters **Eligibility:** New and expansion units meeting criteria: manufacturing using waste as primary raw material, manufacturing innovative circular economy machinery, or CoEs in circular economy research. **Beneficiaries:** MSMEs, startups, industries, and research institutions in Rajasthan. **Implementing Agency:** Rajasthan State Pollution Control Board / Department of Environment. **Notified:** 2025, announced in Rajasthan Budget 2025-26 (February 19, 2025).
- Rajasthan Circular Economy Incentive Scheme 2025 promotes sustainable development by encouraging businesses to adopt circular economy practices
- Up to ₹2 crore grant for R&D in recycling and reuse; financial and non-financial incentives for eligible projects
- Manufacturing units using waste as primary raw material and innovative machinery/technology for circular economy eligible for incentives
- Centres of Excellence (CoEs) and institutions specializing in circular economy research supported
- Waste to Wealth Parks to be established at all district headquarters; interest subsidies for startups and MSMEs
- Announced in Rajasthan Budget 2025-26; implemented by Rajasthan State Pollution Control Board / Department of Environment
What is the Rajasthan Circular Economy Incentive Scheme 2025?
It is a Rajasthan Department of Environment scheme that promotes sustainable development by encouraging businesses, industries, and startups to adopt circular economy practices, minimize waste, and maximize resource utilization.
When was the scheme notified?
The scheme was notified in 2025 and announced in the Rajasthan Budget 2025-26 on 19 February 2025; it is implemented by the Rajasthan State Pollution Control Board under the Department of Environment.
What is the R&D grant available under the scheme?
The scheme offers a grant of up to ₹2 crore for R&D in recycling and reuse, supporting innovation in waste reduction and circular economy technologies.
Which projects are eligible for incentives?
Eligible projects include manufacturing units using waste as primary raw material, manufacturers of innovative circular economy machinery or technology, and Centres of Excellence (CoEs) for circular economy research.
Who are the beneficiaries of the scheme?
Beneficiaries include MSMEs, startups, industries, and research institutions in Rajasthan, with interest subsidies available for startups and MSMEs engaged in circular economy activities.
What is the Waste to Wealth Parks initiative under the scheme?
Under the scheme, Waste to Wealth Parks will be established at all district headquarters in Rajasthan to support recycling, reuse, and value addition from waste materials.
Practice MCQs on this topic.
Reinforce your understanding with targeted MCQ practice on economy, governance, and current affairs.