The Cabinet approved the ₹3,030 crore BHAVYA-Rasayan Scheme to establish three dedicated chemical parks, each of at least 2,000 acres. The scheme aims to attract investments of ₹20,000-50,000 crore per park, boost domestic production, and create employment, aligning with the Atmanirbhar Bharat initiative. This is a key exam topic for industrial policy, central sector schemes, and infrastructure development.
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- ›Total Outlay: ₹3,030 crore
- ›Scheme Name: BHAVYA-Rasayan (Bharat Audyogik Vikas Yojana Rasayan)
- ›Target this Data: ₹3,030 crore total outlay, 5 years (2026-27 to 2030-31), 2,000 acres per park
- ›Target this Scheme: BHAVYA-Rasayan (Bharat Audyogik Vikas Yojana Rasayan)
- ›Target this Condition: Grant up to ₹1,000 crore per park subject to state contribution of ₹500 crore
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