Scheme

BHAVYA (Bharat Audyogik Vikas Yojna)

GS3 Industry · Industrial infrastructureGS2 Government schemesPrelims and Mains

In the news since 14 October 2026

Why in news
On 14 October 2026, PIB issued a backgrounder on BHAVYA, the ₹33,660 crore scheme to build 100 plug-and-play industrial parks, notified on 10 April 2026.
What it is
BHAVYA (Bharat Audyogik Vikas Yojna) is a Central scheme to build plug-and-play industrial parks with land, trunk infrastructure, utilities and common facilities ready before units start. It works with States and private developers. It follows industrial estates, SEZs and industrial corridors.
Outlay and target
The scheme has an outlay of ₹33,660 crore and aims to support 100 plug-and-play industrial parks.
Financial assistance
Support is up to ₹1 crore per acre for developing parks.
External infrastructure
Up to 25% of approved funding can go to external connectivity such as road, rail and last-mile logistics.
Implementation
Each project is run by a dedicated Special Purpose Vehicle (SPV) that oversees development, operations, investor facilitation and maintenance.
Park size
Each park spans 25 to 1,000 acres, as per the scheme guidelines.

Don’t confuse with BHAVYA vs BHAVYA-Rasayan: BHAVYA covers 100 general plug-and-play parks. BHAVYA-Rasayan, approved in July 2026, is for three chemical parks.

Don’t confuse with SEZ vs plug-and-play park: SEZs are export-oriented zones with fiscal incentives and a regulatory perimeter. Plug-and-play parks offer ready infrastructure and faster approvals, mainly to cut set-up time.

Schemes: 52 Prelims questions since 2013, 10 in Prelims 2026 alone. They test features, the period and who funds it. In Mains, 33 news-triggered questions, mostly GS3.

Test yourself

Worth revising until Prelims 2028: most news questions come within two years of the event.

Each time it was in the news

  1. 14 October 2026

    On 14 October 2026, PIB issued a backgrounder on BHAVYA, the ₹33,660 crore scheme to build 100 plug-and-play industrial parks, notified on 10 April 2026.