BHAVYA-Rasayan Scheme
Government Schemes / Economy / Industry · Saturday, 25 July 2026
The Union Cabinet approved the Bharat Audyogik Vikas Yojana Rasayan scheme to develop modern chemical and petrochemical industrial parks. The central sector scheme will provide capital support for plug-and-play infrastructure, common utilities and environmentally compliant chemical manufacturing clusters.
Quick highlights
- BHAVYA-Rasayan is a central sector industrial park development scheme for chemical and petrochemical manufacturing.
- It is implemented by the Department of Chemicals and Petrochemicals under the Ministry of Chemicals and Fertilizers.
- The implementation period is five years, from FY 2026-27 to FY 2030-31.
- The scheme has a total outlay of ₹3,030 crore, including ₹3,000 crore for common infrastructure and basic utilities.
- It will set up three specialised chemical industrial parks through a Challenge Route selection framework.
- Each park can receive up to ₹1,000 crore central support if the state provides a minimum matching grant of ₹500 crore.
Context
The Union Cabinet, chaired by the Prime Minister, approved the Bharat Audyogik Vikas Yojana Rasayan, or BHAVYA-Rasayan Scheme.
Key Facts
The scheme is a central sector industrial park development programme for expanding chemical and petrochemical manufacturing. It will run from FY 2026-27 to FY 2030-31 with a ₹3,030 crore outlay and will support three specialised chemical parks. States must provide at least 8 sq. km. or 2,000 acres of encumbrance-free land for each park.
Significance
Chemical clusters can strengthen domestic raw material supply for agriculture, textiles and electronics, reduce import dependence, attract domestic and foreign direct investment, lower logistics costs and improve India’s role in global value chains.
Challenges / Way Forward
The scheme depends on state participation, land availability and matching grants. Shared infrastructure such as Common Effluent Treatment Plants, Treatment, Storage and Disposal Facilities, solvent recovery plants, steam systems, pipelines, logistics and warehousing facilities is intended to reduce pollution and improve environmental compliance.
Exam Angle
Important for prelims under government schemes and for GS Paper III themes on industrial policy, manufacturing, logistics, import substitution, environmental compliance and Viksit Bharat 2047.
Remember this
- BHAVYA stands for Bharat Audyogik Vikas Yojana Rasayan.
- It is a central sector scheme.
- Nodal department: Department of Chemicals and Petrochemicals, Ministry of Chemicals and Fertilizers.
- Implementation period: FY 2026-27 to FY 2030-31.
- Total allocation: ₹3,030 crore.
- Three dedicated chemical industrial parks are proposed.
- Central grant can be up to ₹1,000 crore per park.
- Minimum land requirement per park: 8 sq. km. or 2,000 acres.
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