Cabinet Approves Bharat Audyogik Vikas Yojna for Industrial Development

The Cabinet, led by Prime Minister Narendra Modi, has sanctioned the Bharat Audyogik Vikas Yojna (BHAVYA) with a budget of Rs. 33,660 crore to develop 100 plug-and-play industrial parks nationwide, driving India's manufacturing growth and aiming for a self-reliant economy. These industrial parks, built in partnership with states and the private sector, will facilitate efficient industrial operations by providing pre-approved land and infrastructure, easing entry for investors, and fostering job creation and economic development.

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