Why in News?
The BHAVYA Rasayan scheme has been approved by the Union Cabinet — the Bharat Audyogik Vikas Yojana Rasayan (BHAVYA Rasayan) scheme worth ₹3,030 crore to set up three dedicated chemical parks across the country, aimed at strengthening India’s chemical manufacturing ecosystem.
Key Facts for Prelims: BHAVYA Rasayan Scheme
- Full form: Bharat Audyogik Vikas Yojana Rasayan
- Total outlay of the BHAVYA Rasayan scheme: ₹3,030 crore — ₹3,000 crore for common infrastructure/utilities and ₹30 crore for administrative expenses
- Number of parks: Three dedicated chemical parks
- Implementation period: Five years, from FY 2026-27 to FY 2030-31
- Centre’s contribution: Up to ₹1,000 crore per park as financial assistance
- State’s contribution: Minimum ₹500 crore per park
- Land requirement: At least 2,000 acres (8 sq. km.) of contiguous, encumbrance-free land per park
- Selection process: Challenge-based selection of state governments to develop the parks
- Common infrastructure: Includes Common Effluent Treatment Plants and hazardous waste management facilities
Static Exam Link: Chemical Sector & Industrial Parks
- The BHAVYA Rasayan scheme is similar in design to earlier industrial-park models such as PCPIR (Petroleum, Chemicals and Petrochemicals Investment Region) policy, which also promotes clustered chemical/petrochemical investment
- Common Effluent Treatment Plants (CETPs) are a standard requirement in chemical clusters to manage hazardous industrial waste and meet environmental norms
- The chemicals and petrochemicals sector is treated as a priority manufacturing sector under India’s broader industrial and Atmanirbhar Bharat push, alongside sectors like electronics and pharmaceuticals
- Centre-state cost-sharing models (grant plus mandatory state share) are a common structure used across recent central sector/centrally sponsored infrastructure schemes
Quick Revision Table: BHAVYA Rasayan Scheme
| Parameter | Detail |
|---|---|
| Full Form | Bharat Audyogik Vikas Yojana Rasayan |
| Total Outlay | ₹3,030 crore |
| Number of Parks | Three |
| Implementation Period | FY 2026-27 to FY 2030-31 (5 years) |
| Centre’s Grant per Park | Up to ₹1,000 crore |
| Minimum State Contribution | ₹500 crore per park |
| Minimum Land per Park | 2,000 acres (8 sq. km.) |
| Selection Method | Challenge-based process |
Trap / Confusing Points
| Confusion | Correct Fact |
|---|---|
| The BHAVYA Rasayan scheme is 100% Centre-funded | States must contribute a minimum ₹500 crore per park; it is a shared-funding model |
| ₹3,030 crore is the Centre’s grant for one park | ₹3,030 crore is the total scheme outlay for all three parks plus admin cost |
| Land requirement is exactly 2,000 acres | 2,000 acres (8 sq. km.) is the minimum requirement, not a fixed figure |
| States are selected on a first-come-first-served basis | States are selected through a challenge-based (competitive) process |
| BHAVYA Rasayan funds are disbursed as loans | The Centre’s support is a grant, not a loan |
Practice MCQs
1. BHAVYA Rasayan stands for:
a. Bharat Audyogik Vikas Yojana Rasayan
b. Bharat Advanced Yojana for Rasayan
c. Bharat Aushadhi Vikas Yojana
d. Basic Hazardous Value Yojana
Ans: A
BHAVYA Rasayan stands for Bharat Audyogik Vikas Yojana Rasayan.
2. How many dedicated chemical parks will be set up under the BHAVYA Rasayan scheme?
a. Two
b. Three
c. Four
d. Five
Ans: B
The BHAVYA Rasayan scheme provides for setting up three dedicated chemical parks across the country.
3. What is the minimum contribution required from a state government per chemical park under the BHAVYA Rasayan scheme?
a. ₹1,000 crore
b. ₹500 crore
c. ₹3,030 crore
d. No contribution required
Ans: B
States must contribute a minimum of ₹500 crore per park, in addition to the Centre’s grant of up to ₹1,000 crore.
4. The BHAVYA Rasayan scheme will be implemented over which period?
a. FY 2025-26 to FY 2029-30
b. FY 2026-27 to FY 2030-31
c. FY 2027-28 to FY 2031-32
d. FY 2024-25 to FY 2028-29
Ans: B
The scheme is to be implemented over five years, from FY 2026-27 to FY 2030-31.
5. Under the BHAVYA Rasayan scheme, states will be selected to develop chemical parks through:
a. Direct nomination by the Centre
b. A challenge-based selection process
c. Random lottery
d. Seniority of application
Ans: B
The chemical parks will be developed by state governments chosen through a challenge-based (competitive) selection process.
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