BHAVYA Scheme – Bharat Audyogik Vikas Yojana

Why in News?

Union Cabinet approved ₹33,660 crore BHAVYA Scheme to establish 100 Plug-and-Play Industrial Parks.

Key Points

• Total Outlay: ₹33,660 crore
• Aim:
  • Promote manufacturing.
  • Create world-class industrial infrastructure.
  • Attract domestic & foreign investment.
• Based on National Industrial Corridor Development Programme (NICDP).
• Partnership:
  • Centre
  • State Governments
  • Private Sector
• Industrial park size:
  • 100–1000 acres
• Selection through Challenge Mode.

Financial Assistance

Government support includes:

• Internal roads
• ICT infrastructure
• Drainage
• Warehousing
• Ready-built factories
• Testing labs
• Worker housing

Maximum 25% project cost allocated for external connectivity.

UPSC Prelims Facts

• Ministry: DPIIT, Ministry of Commerce & Industry
• Theme: Manufacturing & Ease of Doing Business

UPSC Mains Value Addition

• Supports Make in India
• PM Gati Shakti
• National Logistics Policy
• Employment generation