BHAVYA Scheme: ₹33,660 Crore for 100 Plug-and-Play Industrial Parks
Why in the news
The Union Cabinet cleared Bharat Audyogik Vikas Yojna to build plug-and-play industrial parks and lift manufacturing and jobs.
Key facts
- Scheme: BHAVYA, with a ₹33,660 crore outlay; centrally sponsored.
- 100 parks across States and UTs, each 100-1000 acres.
- Aid: ₹1 crore per acre for infrastructure; 25% for external connectivity.
- Selection by challenge: only investment-ready, reform-oriented projects.
Administration
| Body | Role |
|---|---|
| DPIIT, the industry promotion department | Nodal |
| NICDC (corridor development corporation) | Implementing agency |
Features
- Land comes with utilities, approvals and clearances, cutting time from investment to production.
- Core infrastructure: roads, drainage, utilities, ICT; value-added: factory sheds, testing labs, warehousing; social: worker housing.
- Single-window clearance and investor-friendly state policies.
- Linked with PM GatiShakti for multimodal connectivity and logistics.
Objectives
- Boost manufacturing (Make in India), ease of doing business and clusters.
- Generate jobs and attract investment.
Exam angle
- Nodal: DPIIT.
- Agency: NICDC.
- Parks: 100; link: PM GatiShakti.