BHAVYA Portal and Rs.33,660-Crore Industrial Parks Scheme
Why in the news
A digital portal went live for BHAVYA, the scheme to build a hundred modern industrial parks across the country. It acts as one window for states to send projects and for the government to follow progress.
Key facts
- Scheme: Bharat Audyogik Vikas Yojana (BHAVYA), Cabinet-approved outlay Rs.33,660 crore.
- Target: 100 industrial parks, world-class and investment-ready.
- Portal: single-window platform for state project submissions, construction tracking and investor mapping.
- Ministry: Commerce and Industry; nodal executor: NICDC.
- Design: challenge-based, tiered public-private partnership.
Funding model
| Party | Contribution |
|---|---|
| State Governments | Physical land |
| Centre, via NICDC | Primary infrastructure |
| Sharing pattern | 51:49 joint partnership |
Park features
- Plug-and-play plots with ready infrastructure.
- Dedicated space for deep-tech, start-ups, R&D labs and Global Capability Centres.
- In-house quality testing labs set up with BIS, Export Inspection Agency and FSSAI.
- Expatriate enclaves for investors from Japan, Singapore, South Korea and Switzerland, with housing and social infrastructure.
About NICDC
- A special purpose vehicle of the Government of India for industrial corridors; earlier called DMICDC.
- Handles corridor projects such as Delhi-Mumbai, Chennai-Bengaluru, Amritsar-Kolkata, Bengaluru-Mumbai and Vizag-Chennai.
- Nodal agency for greenfield industrial city development.
About GCCs
- Captive offshore centres of global MNCs in India doing R&D, IT, finance, HR, analytics, AI, engineering and design.
- India leads the world with over 1,500 centres employing about 1.66 million professionals; a key source of skilled jobs and FDI.
Exam angle
- Full form: Bharat Audyogik Vikas Yojana.
- Nodal body: NICDC (formerly DMICDC).
- Numbers: Rs.33,660 crore, 100 parks, 51:49.