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BHAVYA Rasayan (Chemical Parks)

Government of India · ongoing · since 2026

Data last verified against official sources:

BHAVYA Rasayan (Chemical Parks) is a Government of India scheme dating from 2026; its current status is ongoing (target: FY 2030-31 (scheme period)). Bharat Audyogik Vikas Yojana Rasayan, announced in the Union Budget 2026–27 and approved by the Union Cabinet on 24 July 2026. The Centre gives up to ₹1,000 crore per park for common facilities such as effluent treatment and hazardous-waste handling, subject to a state contribution of at least ₹500 crore.

↗ Official source — pib.gov.in

Status
ongoing
Started
2026
Budget / outlay
₹3,030 crore (₹3,000 crore for common infrastructure and utilities, ₹30 crore administrative), FY 2026-27 to FY 2030-31 · PIB, 24 Jul 2026
Reach
Govt. reported: three dedicated chemical parks, each of at least 2,000 acres, developed by states chosen under a challenge route · PIB, 24 Jul 2026.
Target
FY 2030-31 (scheme period)
Run by
Government of India
Official source
pib.gov.in

Projects & Initiatives 1 ongoing

BHAVYA Rasayan (Chemical Parks)
Ongoing
Budget₹3,030 crore (₹3,000 crore for common infrastructure and utilities, ₹30 crore administrative), FY 2026-27 to FY 2030-31 · PIB, 24 Jul 2026
ReachGovt. reported: three dedicated chemical parks, each of at least 2,000 acres, developed by states chosen under a challenge route · PIB, 24 Jul 2026.
TargetFY 2030-31 (scheme period)
Since 2026 · Bharat Audyogik Vikas Yojana Rasayan, announced in the Union Budget 2026–27 and approved by the Union Cabinet on 24 July 2026. The Centre gives up to ₹1,000 crore per park for common facilities such as effluent treatment and hazardous-waste handling, subject to a state contribution of at least ₹500 crore.

Frequently asked questions

What is BHAVYA Rasayan (Chemical Parks)?

Bharat Audyogik Vikas Yojana Rasayan, announced in the Union Budget 2026–27 and approved by the Union Cabinet on 24 July 2026. The Centre gives up to ₹1,000 crore per park for common facilities such as effluent treatment and hazardous-waste handling, subject to a state contribution of at least ₹500 crore.

What is the official website of BHAVYA Rasayan (Chemical Parks)?

The official source for BHAVYA Rasayan (Chemical Parks) is pib.gov.in.

When did BHAVYA Rasayan (Chemical Parks) start?

BHAVYA Rasayan (Chemical Parks) dates from 2026.

What is the current status of BHAVYA Rasayan (Chemical Parks)?

BHAVYA Rasayan (Chemical Parks) is ongoing, with a target of FY 2030-31 (scheme period).

What is the budget of BHAVYA Rasayan (Chemical Parks)?

₹3,030 crore (₹3,000 crore for common infrastructure and utilities, ₹30 crore administrative), FY 2026-27 to FY 2030-31 · PIB, 24 Jul 2026

How many people has BHAVYA Rasayan (Chemical Parks) reached?

Govt. reported: three dedicated chemical parks, each of at least 2,000 acres, developed by states chosen under a challenge route · PIB, 24 Jul 2026.

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