<h3>Overview</h3>
<p>The <span class="key-term" data-definition="Department for Promotion of Industry and Internal Trade — a wing of the Ministry of Commerce & Industry that formulates and implements industrial policy (GS3: Economy)">DPIIT</span> has released detailed operational guidelines for the <span class="key-term" data-definition="BHAVYA Scheme — a central sector programme to develop 100 world‑class industrial parks, aimed at boosting manufacturing and attracting investment (GS3: Economy)">BHAVYA Scheme</span>. The scheme aims to create investment‑ready industrial ecosystems that support the objectives of <span class="key-term" data-definition="Make in India — Government initiative to encourage domestic and foreign companies to manufacture in India, supporting industrial growth (GS3: Economy)">Make in India</span> and <span class="key-term" data-definition="PM Gati Shakti — A national master plan for infrastructure development and inter‑modal connectivity (GS3: Economy, GS2: Polity)">PM Gati Shakti</span>.</p>
<h3>Key Developments</h3>
<ul>
<li>Development of 100 industrial parks from FY 2026‑27 to FY 2031‑32 with a total outlay of <strong>₹33,660 crore</strong>.</li>
<li>First phase will take up to 50 parks through a challenge‑based competitive selection.</li>
<li>Minimum land requirement: 100 acres in non‑hilly states; 25 acres in hilly, NE, UT and smaller states; up to 1,000 acres allowed.</li>
<li>Both greenfield and eligible brownfield sites can be considered.</li>
<li>Financial assistance will be provided as equity linked to land value and project milestones.</li>
<li>Implementation will be carried out by <span class="key-term" data-definition="Special Purpose Vehicle — A separate legal entity created under the Companies Act to implement a specific project, ensuring financial and operational autonomy (GS3: Economy)">SPV</span>s incorporated under the Companies Act, 2013.</li>
<li>The <span class="key-term" data-definition="National Industrial Corridor Development Corporation — The Project Management Agency designated to monitor and implement the BHAVYA Scheme (GS3: Economy)">NICDC</span> will act as the Project Management Agency.</li>
</ul>
<h3>Important Facts</h3>
<p>The guidelines lay out eligibility, project selection methodology, funding structure, governance architecture, and monitoring mechanisms. Evaluation criteria include multimodal connectivity, site suitability, quality of infrastructure (underground utilities, water‑waste management, renewable energy, common effluent treatment), digital single‑window systems, skill‑development facilities, and long‑term sustainability. A GIS‑based monitoring system will track progress, and a National Level Steering Committee chaired by the Secretary, DPIIT will provide oversight.</p>
<h3>UPSC Relevance</h3>
<p>Understanding the BHAVYA Scheme helps aspirants answer questions on industrial policy, infrastructure development, and public‑private partnership models (GS3: Economy). The scheme aligns with the government's broader vision of making India a global manufacturing hub, which is a recurring theme in the UPSC syllabus under “Industrialisation and Infrastructure”. The use of SPVs and a dedicated PMA illustrates the administrative mechanisms for large‑scale project execution, relevant for questions on governance and fiscal management.</p>
<h3>Way Forward</h3>
<p>Successful implementation will require coordination between Centre and States, convergence with existing schemes on logistics, skilling, and renewable energy, and transparent monitoring. Aspirants should watch for the first set of park proposals, the role of private developers, and the impact on employment generation and supply‑chain resilience.</p>