The Finance Department, Rajasthan on January 02, 2026, issued the Policy for Green Credit/Voucher Initiative, 2025.
The following has been stated namely: -
• The policy actively promotes and supports green investments across a diverse range of sectors, with a particular focus on Micro, Small, and Medium Enterprises (MSMEs), manufacturing industries, renewable energy projects, and other environmentally sustainable areas.
• The policy will establish a state-level green credit market mechanism-enabling the issuance, trading, and redemption of credits-positioning Rajasthan as a frontrunner among Indian states and a pioneer in market-based green financing, while reinforcing its role as an innovator in the pursuit of sustainable growth
• The Scope of the Policy is as follows: -
o The policy shall remain in effect from the date of issuance until a new policy is announced.
o To be eligible for a Green Credit/ Voucher, investments must be made after the launch of the policy.
o Only investments in projects within Rajasthan will qualify as eligible for the incentives under this policy.
o The Government of Rajasthan shall have the final authority regarding the qualification and issuance of Green Credits
o The list of eligible and ineligible sectors/activities may be revised periodically at the discretion of the government.
• The Green Credit/Voucher Mechanism has been stated in the policy.
[Notification No. F.12(26)FD/Tax/2025 – 22]
https://finance.rajasthan.gov.in/PDFDOCS/TAX/CCT/14791.pd
