Context: The Union Cabinet has approved the Bharat Audyogik Vikas Yojana scheme (BHAVYA scheme) with an outlay of ₹33,660 crore to develop 100 industrial parks across India.
About BHAVYA:
- Type: Industrial infrastructure development scheme (plug-and-play parks)
- Objective: Create “future-ready” industrial parks with multimodal connectivity under PM Gati Shakti
- Target: 100 industrial parks across the country by 2032
- Implementation: Involves Centre, State governments, and private sector
- Financial Support: Up to ₹1 crore per acre by Union Government
- Land Norms: Minimum ~100 acres (25 acres for hilly/Northeast); maximum 1,000 acres
- Timeline: Scheme duration 6 years (from 2026–27)
- Aim: Improve logistics efficiency, ease of doing business, and manufacturing productivity
La Excellence IAS Academy, the best IAS coaching in Hyderabad, known for delivering quality content and conceptual clarity for UPSC 2026 preparation.
FOLLOW US ON:
◉ YouTube : https://www.youtube.com/@CivilsPrepTeam
◉ Facebook: https://www.facebook.com/LaExcellenceIAS
◉ Instagram: https://www.instagram.com/laexcellenceiasacademy/
GET IN TOUCH:
Contact us at info@laex.in, https://laex.in/contact-us/
or Call us @ +91 9052 29 2929, +91 9052 99 2929, +91 9154 24 2140
OUR BRANCHES:
Head Office: H No: 1-10-225A, Beside AEVA Fertility Center, Ashok Nagar Extension, VV Giri Nagar, Ashok Nagar, Hyderabad, 500020
Madhapur: Flat no: 301, survey no 58-60, Guttala begumpet Madhapur metro pillar: 1524, Rangareddy Hyderabad, Telangana 500081
Bangalore: Plot No: 99, 2nd floor, 80 Feet Road, Beside Poorvika Mobiles, Chandra Layout, Attiguppe, Near Vijaya Nagara, Bengaluru, 560040