DPIIT Releases Guidelines for Implementation of BHAVYA Scheme
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500+ questions on Economy with explanations
๐ Summary:
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DPIIT, under the Ministry of Commerce & Industry, released detailed operational guidelines for the BHAVYA Scheme โ a Central Sector Scheme to develop investment-ready, world-class industrial parks across the country
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BHAVYA aims to strengthen India's manufacturing ecosystem through integrated industrial infrastructure, aligned with Make in India, PM Gati Shakti and the goal of making India a globally competitive manufacturing destination
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Scope: 100 industrial parks over six years (2026-27 to 2031-32) with a total outlay of about โน33,660 crore; in the first phase, up to 50 parks will be taken up through challenge-based competitive selection
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Both greenfield and eligible brownfield parks qualify; minimum land is 100 acres for non-hilly states and 25 acres for hilly states, NE states, UTs and smaller states, with parks of up to 1,000 acres permitted
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Parks must offer plug-and-play infrastructure, multimodal logistics, reliable utilities, worker housing, digital governance, and sustainability features such as renewable energy and common effluent treatment
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Implementation is through Special Purpose Vehicles (SPVs) incorporated under the Companies Act, 2013; financial assistance is given as equity linked to land value and achievement of project milestones
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The National Industrial Corridor Development Corporation (NICDC) is the Project Management Agency; a National Level Steering Committee chaired by the Secretary, DPIIT provides oversight, with GIS-based monitoring for transparency
๐ฏ UPSC Relevance: GS3 (Indian Economy) โ industrial policy, infrastructure creation, manufacturing competitiveness and integration with global value chains.
๐ Prelims Facts:
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BHAVYA is a Central Sector Scheme of DPIIT; outlay about โน33,660 crore for 100 industrial parks (2026-27 to 2031-32)
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NICDC is the Project Management Agency; projects are implemented through SPVs under the Companies Act, 2013
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Minimum land requirement: 100 acres for non-hilly states, 25 acres for hilly/NE states and UTs
๐ Key Term: Central Sector Scheme โ a scheme fully funded and implemented by the Union Government, as distinct from a Centrally Sponsored Scheme whose cost is shared with the states.
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