Jaipur, Jan 21 (IANS) The Rajasthan Cabinet led by Chief Minister Bhajan Lal Sharma on Wednesday approved several key decisions, including a bill to protect the properties of permanent residents and the rights of tenants in areas declared as disturbed, besides new policies aimed at boosting aerospace, defence manufacturing and semiconductor production in the state.

Industry and Commerce Minister Col Rajyavardhan Rathore, Parliamentary Affairs Minister Jogaram Patel, and Food and Civil Supplies Minister Sumit Godara briefed the media after the Cabinet meeting.

They said the Cabinet approved the draft of The Rajasthan Prohibition of Transfer of Immovable Property and Provision for Protection of Tenants from Eviction from Premises in Disturbed Areas Bill, 2026.

Parliamentary Affairs Minister Jogaram Patel said population imbalance and communal unrest often disturb public order and peaceful coexistence, forcing permanent residents in affected areas to sell their properties at distress prices.

Under the proposed law, once an area is declared disturbed, any transfer of immovable property without prior permission of the competent authority will be treated as invalid and void.

Property transfers will be allowed only after due approval. Violation of the provisions will be a cognisable and non-bailable offence, punishable with imprisonment ranging from three to five years along with a fine.

Patel said the bill, to be introduced in the upcoming session of the Legislative Assembly, will protect the properties of permanent residents and the rights of tenants, while also helping preserve communal harmony and the social fabric of the state.

Rajyavardhan Rathore announced that the Cabinet has approved the Rajasthan Aerospace and Defence Policy with the objective of promoting defence and space technology and positioning Rajasthan as a major hub for aerospace and defence manufacturing.

The policy focuses on strengthening MSMEs, startups and an innovation-driven ecosystem, and encourages the establishment of manufacturing units, equipment and component suppliers, precision engineering units, and maintenance, repair and overhaul (MRO) facilities.

Under the policy, manufacturing projects with fixed capital investment of Rs 50 crore to Rs 300 crore will be classified as Large, Rs 300 crore to Rs 1,000 crore as Mega, and above Rs 1,000 crore as Ultra Mega.

In the service sector, projects with investments of Rs 25 crore to Rs 100 crore will be considered Large, Rs 100 crore to Rs 250 crore as Mega, and above Rs 250 crore as Ultra Mega.

Eligible enterprises will be able to opt for incentives such as 75 per cent reimbursement of state taxes for seven years as an asset creation incentive, capital grants over 10 years, or turnover-linked incentives payable annually over a decade. Additional benefits include employment, sunrise, anchor, and thrust boosters.

Mega and ultra-mega units acquiring land from RIICO will be eligible for flexible land payment options for up to 10 years and lease rental subsidies for office space.

The policy also provides exemptions and reimbursements related to electricity duty, mandi tax, stamp duty, conversion charges, and concessions in banking, wheeling and transmission charges.

Col Rathore further said the Cabinet has approved the state’s first Rajasthan Semiconductor Policy, which aims to promote indigenous production and position Rajasthan as a leader in semiconductor manufacturing, design, packaging and allied electronics sectors.

The policy is expected to strengthen the state’s industrial ecosystem and attract major investments in high-tech manufacturing.

–IANS

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