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- The scheme aims to develop 100 investment‑ready, plug‑and‑play industrial parks over 2026‑27 to 2031‑32, with an outlay of ₹33,660 crore.
- Land norms: 100 acres (non‑hilly states), 25 acres (hilly/Northeast/UTs), and up to 20 mega parks (500–1,000 acres).
- Implementation is through Special Purpose Vehicles (SPVs) under the Companies Act, 2013, with National Industrial Corridors Development Corporation (NICDC) as the nodal agency.
- Funding via National Industrial Corridor Development and Implementation Trust (NICDIT) includes equity/debt support, capped at ₹1 crore per acre, released in 40:40:20 tranches.
- Selection follows a challenge‑based competitive process, requiring Detailed Project Reports (DPRs), overseen by the National Level Steering Committee (NLSC).
Question:
Q.1 What is the minimum land requirement for industrial parks in non-hilly states under BHAVYA?a) 50 acres
b) 75 acres
c) 100 acres
d) 200 acres
Answer: c) States other than hilly and special-category regions must provide at least 100 acres for an industrial park.