Daijiworld Media Network – New Delhi

New Delhi, May 23: Union Commerce Minister Piyush Goyal on Saturday announced the launch of guidelines for the ‘Bhavya (Bharat Audyogik Vikas Yojna) Scheme’, under which the Centre plans to establish 100 industrial parks across the country.

Addressing a press briefing, Goyal said the scheme, with a financial outlay of Rs 33,660 crore, aims to create manufacturing and investment hubs through plug-and-play industrial parks in partnership with state governments.

“Another ease of doing business measure is being launched today with the launch of guidelines for the ‘BHAVYA (Bharat Audyogik Vikas Yojna) Scheme’ by which the government of India will be setting up 100 industrial parks across the length and breadth of the country,” the minister said.

He stated that the scheme had received Union Cabinet approval around two months ago.

“The Bharat Audyogik Vikas Yojana with the financial allocation of Rs 33,660 crore will help create investment and manufacturing destinations with plug-and-play investor parks in collaboration with state governments,” Goyal added.

The minister said the Centre expects state governments to provide an attractive and industry-friendly environment to promote industrial growth and investments.

Outlining the implementation plan, Goyal said the first phase of the scheme would include 20 industrial parks.

“At the first stage we are coming out with 20 parks in the first window of two months, and another 30 parks in the next two months,” he said.