BHAVYA Scheme gets Cabinet nod: Govt approves plug-and-play industrial parks plan with Rs 33,660 cr outlay
- Posted on March 18, 2026
- By Business News Today
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BHAVYA Scheme gets Cabinet nod: Govt approves plug-and-play industrial parks plan with Rs 33,660 cr outlay
The Union Cabinet has approved the Rs 33,660 crore Bharat Audyogik Vikas Yojana (BHAVYA) scheme to boost domestic industries and self-reliance. This initiative will develop investment-ready industrial facilities across approximately 34,000 acres, selected through a challenge mode based on PM GatiShakti principles, green energy, and ease of doing business reforms.