The Union Cabinet approved the Bharat Audyogik Vikas Yojna (BHAVYA) on 18 March 2026 with ₹33,660 crore outlay. The scheme aims to develop 100 plug-and-play industrial parks across India to boost manufacturing, ease of doing business, and investment. It builds on the National Industrial Corridor Development Programme (NICDP) and focuses on ready infrastructure, faster approvals, and sustainable industrial ecosystems. BHAVYA is expected to generate large-scale employment, strengthen supply chains, and support India's vision of Atmanirbhar Bharat and Viksit Bharat through manufacturing-led growth.
BHAVYA scheme was approved by the Union Cabinet on 18 March 2026 to boost industrial development in India. It focuses on creating 100 plug-and-play industrial parks with a total investment of ₹33,660 crore. These parks will have ready infrastructure, approvals, and utilities so industries can start production quickly.
The scheme is implemented in partnership with states and private sector players. It builds on the National Industrial Corridor Development Programme (NICDP). National Industrial Corridor Development Corporation (NICDC) under DPIIT will play a key role.
The parks will follow PM GatiShakti principles for better connectivity. They will include green energy, underground utilities, and sustainable systems.
It supports Atmanirbhar Bharat by improving domestic production and exports.
1.BHAVYA scheme aims to develop how many industrial parks?
A) 50
B) 75
C) 100
D) 150
Answer: C
2.What is the total allocation under BHAVYA?
A) ₹25,000 crore
B) ₹33,660 crore
C) ₹40,000 crore
D) ₹50,000 crore
Answer: B
3.BHAVYA is related to which sector?
A) Agriculture
B) Education
C) Industry
D) Health
Answer: C
4.Which programme is BHAVYA based on?
A) Make in India
B) NICDP
C) Startup India
D) Digital India
Answer: B
5.Which concept is central to BHAVYA?
A) Privatization
B) Plug-and-Play
C) Disinvestment
D) Subsidy Model
Answer: B
1. What is the main objective of industrial corridors in India?
Answer: Promote manufacturing and regional development
2. Which ministry handles industrial policy in India?
Answer: Ministry of Commerce and Industry
Students often confuse industrial corridor projects with industrial parks.
Corridors are large regions; parks are specific developed zones.
Focus on scheme features, allocation, implementing agency, and objectives. Questions are often factual.