Top News

BHAVYA scheme's operational guidelines out: How will it help industries?
24 May 2026

The Department for Promotion of Industry and Internal Trade (DPIIT) has unveiled the operational guidelines for the Bharat Audyogik Vikas Yojna (BHAVYA).

The scheme envisions the establishment of 100 investment-ready industrial parks across India over six years, starting from 2026-27 to 2031-32.

The total financial outlay for this ambitious project is estimated at around ₹33,660 crore.

Integrated industrial ecosystems
Project details

The BHAVYA scheme aims to create integrated industrial ecosystems with plug-and-play infrastructure, multimodal logistics connectivity, reliable utilities, worker-support facilities, digital governance systems, and sustainable development features.

The Union Cabinet approved the scheme on March 18.

The Centre said that BHAVYA would build on the success of Industrial Smart Cities developed under the National Industrial Corridor Development Programme (NICDP).

Deregulation and ease of doing business
Business facilitation

The BHAVYA scheme also focuses on the deregulation and ease of doing business by encouraging streamlined approvals, effective single-window systems, and investor-friendly reforms led by states.

The aim is to enable industries to start production quickly through pre-approved land, ready infrastructure and integrated services.

This would effectively lower entry barriers for investors.

Financial assistance and eligibility criteria
Funding support

Under the BHAVYA scheme, industrial parks ranging from 100 to 1,000 acres will be eligible for support.

Financial assistance of up to ₹1 crore per acre will be offered for core infrastructure like roads, underground utilities, drainage systems and treatment facilities.

The scheme also extends support to value-added infrastructure including ready-built factory sheds and testing laboratories as well as social infrastructure like worker housing and support amenities.