TNPSC Thervupettagam

BHAVYA Scheme

March 31 , 2026 12 hrs 0 min 15 0
  • The Union Cabinet approved Bharat Audyogik Vikas Yojana (BHAVYA) to boost industrial infrastructure in India.
  • BHAVYA aims to develop 100 plug-and-play industrial parks with a total budget of 33,660 crore over 6 years (20262032).
  • Industrial parks will be developed on 100–1000 acres (minimum 25 acres in North-East and hilly regions) with ready infrastructure.
  • Financial support up to 1 crore per acre will be provided for core, value-added, and social infrastructure facilities.
  • It will be implemented by the National Industrial Corridor Development Corporation (NICDC) under the Department for Promotion of Industry and Internal Trade (DPIIT).

 

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