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Cabinet Approves ₹33,660 Cr BHAVYA Scheme for 100 Plug-and-Play Industrial Parks Under DPIIT

EconomyInfrastructurePolityHIGH
Target:UPSC GS-IIIMPSCSSC GATeachingPrelims HighMains MediumStatic GK Link
18 Mar 2026
~2 min
Source: Indian Express
Key Data:₹33,660 crore100 parksUp to ₹1 crore per acre100 to 1,000 acresUp to 25% of project cost
Bodies:Union CabinetDPIITNICDC
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What This Article Covers

1.The Union Cabinet approved the ₹33,660 crore Bharat Audyogik Vikas Yojna (BHAVYA) to develop 100 plug-and-play industrial parks.

2.The scheme offers financial support of up to ₹1 crore per acre and will cover parks ranging from 100 to 1,000 acres with ready-built factory sheds and core infrastructure.

3.It will be implemented by the National Industrial Corridor Development Corporation (NICDC) under DPIIT, aiming to generate large-scale employment and attract investments.

The Big Picture
Prelims · HighMains · Medium

The Union Cabinet approved the Bharat Audyogik Vikas Yojna (BHAVYA) with a ₹33,660 crore outlay to develop 100 plug-and-play industrial parks. This aims to reduce entry barriers for investors by providing pre-approved land and ready infrastructure, boosting manufacturing competitiveness and job creation across all states and UTs.

Exam Lens

Quick Exam Facts From News

Scheme NameBharat Audyogik Vikas Yojna (BHAVYA)
Total Outlay₹33,660 crore
Target Industrial Parks100
Financial SupportUp to ₹1 crore per acre
Park Size Range100 to 1,000 acres
External Infrastructure SupportUp to 25% of project cost

1-Minute Revision

  • ›Scheme Name: Bharat Audyogik Vikas Yojna (BHAVYA)
  • ›Total Outlay: ₹33,660 crore
  • ›Target this Data: ₹33,660 crore outlay for 100 parks
  • ›Target this Nodal Body: National Industrial Corridor Development Corporation (NICDC) under DPIIT
  • ›Target this Mechanism: Financial support of up to ₹1 crore per acre and 25% for external infrastructure

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Practice exam-style questions, track your score, and strengthen your recall.

Q1Static LinkageEasy

The BHAVYA scheme for industrial parks will be implemented by which nodal corporation under DPIIT?

Q2Statement-basedHard

Consider the following statements regarding the BHAVYA scheme:

1. It aims to develop 100 plug-and-play industrial parks with an outlay of ₹33,660 crore.

2. Financial support under the scheme is limited to a maximum of ₹50 lakh per acre of developed land.

3. The scheme will be implemented across all states and Union Territories of India.

Which of the statements given above is/are correct?

Q3Data-centricMedium

What is the total financial outlay approved by the Cabinet for the Bharat Audyogik Vikas Yojna (BHAVYA)?

Q4Application/ImpactMedium

What is a primary objective of the BHAVYA scheme's 'plug-and-play' model for industrial parks?

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