July 24, 2026 4:26 PM
Cabinet approves Rs 3,030 crore BHAVYA Rasayan scheme to set up three chemical parks
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Friday approved the Bharat Audyogik Vikas Yojana Rasayan (BHAVYA Rasayan) scheme for the establishment of three dedicated chemical parks across the country, aiming to strengthen India's chemical manufacturing ecosystem, attract investments and enhance global competitiveness. The scheme, announced in the Union Budget for 2026-27, has a total financial outlay of ₹3,030 crore, including ₹3,000 crore for developing common infrastruc...