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News India Live, Digital Desk: Central Government to give new heights to self-reliant India and ‘Make in India’ Bharat Industrial Development Scheme (BHAVYA) Has announced. Under this, across the country 100 new plug-and-play industrial parks Will be developed. The government’s goal is closer through this 15 lakh direct employment (Direct Jobs) and eliminate investment barriers.
5 big things about ‘Bhavya’ scheme
Huge Budget: For this scheme the government Rs 33,660 crore Financial allocation has been made.
Plug-and-Play Convenience: Investors will no longer have to wait for land and infrastructure. They will get a place where electricity, water, roads and other facilities are already ready—just come and start production.
Financial Aid: Government to develop these parks Rs 1 crore per acre Will provide financial assistance up to Rs.
Expansion: Under the scheme, industrial parks ranging from 100 to 1,000 acres will be developed. The minimum limit for small states and hilly areas has been kept at 25 acres.
Employment Opportunity: It is estimated that through these parks, lakhs of youth will get employment and the local economy will be strengthened.
What facilities will be available in industrial parks?
The financial assistance provided under the scheme is divided into three categories:
Core Infrastructure: Internal roads, underground utility corridors (to avoid frequent digging), drainage, and IT connectivity.
Value-Added Infrastructure: Ready-built factory sheds, warehousing and testing labs.
Social Infrastructure: Worker housing and other basic facilities to promote ‘walk-to-work’ culture.
How will the parks be selected? (Challenge Mode)
Selection of these 100 parks among the states ‘Challenge Mode’ Will be done through (competition).
States that offer the best land, single window clearance and investor-friendly reforms (Ease of Doing Business) will be given preference.
This scheme will be based on the model of partnership between states, central government and private sector.
Combination of PM Gatishakti and Green Energy
Multimodal Connectivity: all parks PM Gatishakti National Master Plan Will be connected with so that the movement of goods (Logistics) is fast and cheap.
Sustainability: Special attention will be given to green energy and sustainable resource management in these parks.
key points:
Duration: This scheme will be applicable from financial year 2026-27 to 2031-32 (6 years).
Land Bank: close to 34,000 acres The aim is to provide ready land for investment.