DPIIT Releases Guidelines for Implementation of BHAVYA Scheme

1. At a Glance

2. Why in the News

3. Background & Evolution

4. Core Static Facts

Parameter Detail
Scheme name Bharat Audyogik Vikas Yojna (BHAVYA)
Nature Central Sector Scheme
Nodal Department Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry [S1]
Anchor implementing agency National Industrial Corridor Development Corporation (NICDC) [S3]
Total outlay ₹33,660 crore [S1][S2]
Duration 2026-27 to 2031-32 (six years) [S1][S2]
Target 100 industrial parks nationwide
Phase-1 Up to 50 industrial parks via challenge-based competitive selection [S1]
Implementation vehicle Special Purpose Vehicles (SPVs) incorporated under the Companies Act, 2013 [S1]
Selection criteria Multimodal connectivity, site suitability, infrastructure quality, industrial ecosystem strength, policy facilitation, digital governance readiness, long-term sustainability [S1]

5. Multi-Dimensional Analysis

Economic - Aims to lower logistics/setup costs for manufacturers via ready-to-use industrial infrastructure, aiding "ease of doing business" and boosting manufacturing share in GDP [S1]. - Large capital outlay (₹33,660 crore) expected to crowd-in private investment through SPV-based co-development [S1].

Administrative - Uses a challenge-based, competitive selection mechanism (similar to Smart Cities Mission model) rather than uniform allocation, incentivising states to compete on readiness [S1]. - SPV route under Companies Act, 2013 enables Centre-state-private participation in park governance [S1].

Governance - NICDC as anchor agency centralises coordination across ministries/states, potentially reducing implementation fragmentation [S3]. - Digital governance readiness as a selection parameter reflects push for e-governance/digital single-window systems within parks [S1].

Geopolitical/Strategic - Positions India as an alternative global manufacturing base amid supply-chain diversification trends ("China+1"), supporting Make in India [S1].

6. Recent Developments (last 12–18 months)

7. Prelims Hooks

8. Mains Relevance

9. Related Topics to Study Next

10. Common Errors / Trap Areas

11. Sources