Government Approves BHAVYA Scheme with ₹33,660 Crore Outlay to Build 100 Plug-and-Play Industrial Parks Nationwide
Distilled Policy Brief
- The Central Government approved the Bharat Industrial Development Scheme (BHAVY A) with an outlay of Rs. 33,660 crore to develop 100 plug-and-play industrial parks across India from FY 2026-27 to FY 2031-32.
- The scheme provides financial assistance of up to Rs. 1 crore per acre for internal and external infrastructure development, aiming to reduce gestation periods for new manufacturing units.
- It supports the National Manufacturing Mission's target of increasing manufacturing's share in GDP to 25 percent by the year 2035.
🎯 Prelims High-Yield Examination Points
BHAVYA Scheme is implemented in partnership with States and private developers, targeting 100 plug-and-play industrial parks with central financial assistance of up to Rs. 1 crore per acre.
⚖️ Mains Analytical & Syllabus Linkages
Analyze how plug-and-play industrial ecosystems under initiatives like BHAVYA can overcome structural bottlenecks, lower entry barriers, and boost India's share in global value chains.
🎯 UPSC Prelims Practice Drill
Consider the following statements regarding the recently approved Bharat Industrial Development Scheme (BHAVYA): 1. It aims to develop 100 plug-and-play industrial parks across India with an outlay of Rs. 33,660 crore. 2. The scheme provides financial assistance for internal and external infrastructure development to support the National Manufacturing Mission's target of increasing manufacturing's share in GDP to 25 percent by 2035. 3. The scheme is implemented exclusively by the Central Government without any participation from states or private developers. Which of the statements given above is/are correct?
- [A] 1 only
- [B] 1 and 2 only
- [C] 2 and 3 only
- [D] 1, 2 and 3
▶ Reveal Official Answer & Analytical Explanation
Statements 1 and 2 are correct. The Central Government approved the Bharat Industrial Development Scheme (BHAVYA) with an outlay of Rs. 33,660 crore to develop 100 plug-and-play industrial parks from FY 2026-27 to FY 2031-32, aiming to support the National Manufacturing Mission's target of increasing manufacturing's share in GDP to 25 percent by 2035. Statement 3 is incorrect because BHAVYA is implemented in partnership with states and private developers, not exclusively by the Central Government.
🏛️ Historical Twin PYQ Anchor (2021)
Consider the following statements regarding the "National Clean Air Programme (NCAP)": 1. It is implemented by the Ministry of Environment, Forest and Climate Change. 2. Central Pollution Control Board acts as the sole regulatory executive body.