Now Reading: States can apply for BHAVYA industrial parks from June 1
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States can apply for BHAVYA industrial parks from June 1
States can start applying from June 1 for BHAVYA, a Rs 33,660 crore scheme to build 100 plug-and-play industrial parks across six years. The Union Cabinet approved the scheme in March. The…
The Story in Brief
States can start applying from June 1 for BHAVYA, a Rs 33,660 crore scheme to build 100 plug-and-play industrial parks across six years. The Union Cabinet approved the scheme in March. The first phase will select 50 proposals through two rounds: the first from June 1 to July 31 and the second from August 1 to September 30. Non-hilly states need at least 100 acres of contiguous land; hilly states, the northeast, and smaller states need 25 acres. Up to 20 parks may be developed on 500-1,000 acres. Land can come from states, private developers, or CPSEs.
The Indian Opinion
The BHAVYA scheme’s 100-acre minimum for non-hilly states may sound reasonable, but it risks excluding states where large contiguous plots are scarce. The narrative that this will automatically boost manufacturing ignores the ground reality of land acquisition delays and litigation. The real test will be how many states submit viable proposals in the first round, and whether the government relaxes norms if few qualify. Will the 100-acre rule become a barrier rather than an enabler?
Source: millenniumpost.in
This story was synthesised by AI from the source linked above.
