Bharat Audyogik Vikas Yojana (BHAVYA)
The Union Cabinet has approved the Bharat Audyogik Vikas Yojana (BHAVYA) as a major industrial-infrastructure push aimed at strengthening manufacturing and accelerating the goal of “Viksit Bharat @ 2047.” The scheme will be implemented by the National Industrial Corridor Development Corporation (NICDC) under the Ministry of Commerce and Industry, with a total outlay of ₹33,660 crore over six years from FY 2026–27. It seeks to develop 100 plug-and-play industrial parks across India.
The scheme b
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