Bharat Audyogik Vikas Yojna (BHAVYA)

Context:

The Bharat Audyogik Vikas Yojna (BHAVYA) is a major industrial infrastructure initiative approved by the Union Cabinet with an outlay of ₹33,660 crore. The scheme aims to develop 100 plug-and-play industrial parks across India, strengthening manufacturing capacity, improving ease of doing business, and generating employment.

What is BHAVYA Scheme?

The BHAVYA Scheme is a centrally sponsored initiative focused on creating world-class, ready-to-use industrial ecosystems across India.

Key Institutional Framework:

• Nodal Ministry: Department for Promotion of Industry and Internal Trade (DPIIT)
• Implementing Agency: National Industrial Corridor Development Corporation (NICDC)

Core Idea:

To reduce the time, cost, and complexity involved in setting up industries by providing pre-developed industrial infrastructure.

Objectives of BHAVYA

1. Accelerate Manufacturing Growth

• Strengthen India’s manufacturing base
• Promote Make in India initiative
• Enhance global competitiveness

2. Improve Ease of Doing Business

• Provide pre-approved land and infrastructure
• Reduce regulatory delays
• Enable faster project execution

3. Strengthen Industrial Clusters

• Promote cluster-based industrial development
• Improve supply chain efficiency
• Encourage sector-specific ecosystems

4. Generate Employment and Attract Investment

• Create large-scale direct and indirect jobs
• Attract both domestic and foreign investment
• Boost regional economic development

Key Features of BHAVYA Scheme

1. Plug-and-Play Industrial Infrastructure

• Ready-to-use industrial land
• Pre-installed utilities (power, water, ICT)
• Pre-approved clearances
• Reduces time from investment to production

2. Development of 100 Industrial Parks

• Spread across States and Union Territories
• Size range: 100 to 1000 acres
• Focus on balanced regional development

3. Financial Support Mechanism

• Up to ₹1 crore per acre for infrastructure development
• Up to 25% support for external connectivity (roads, logistics links)

4. Integrated Infrastructure Ecosystem

Core Infrastructure

• Internal roads and drainage
• Utilities (power, water supply)
• ICT and digital infrastructure

Value-Added Infrastructure

• Factory sheds
• Testing and R&D labs
• Warehousing facilities

Social Infrastructure

• Worker housing
• Healthcare and basic amenities
• Support services

5. Ease of Doing Business Reforms

• Single-window clearance system
• Simplified regulatory framework
• State-led investor facilitation

6. Challenge-Based Selection

• Only investment-ready projects selected
• Focus on reform-oriented states
• Competitive and performance-based allocation

7. Alignment with National Initiatives

• Integrated with PM GatiShakti
• Ensures:
  • Multimodal connectivity
  • Logistics efficiency
  • Better infrastructure planning