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analysisIBEFMonday, 27 July 2026

Cabinet Approves BHAVYA Rasayan Scheme for Chemical Parks

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Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
The Union Cabinet has approved the BHAVYA Rasayan scheme with an outlay of US$ 322.34 million to establish three dedicated Chemical Parks, strengthening India's chemical manufacturing ecosystem and global competitiveness.
Key Facts
TypeAnalysis
SourceIndia Brand Equity Foundation
PublishedMonday, 27 July 2026
Affected Population~350 million BPL population, 140 million elderly
Key Numbers
PM-JAY: 55 crore beneficiaries
MGNREGA: Rs 86,000 crore annual outlay
NSAP pensions: 3 crore beneficiaries
Rs 15,000 crore for Digital India initiatives
Key Authorities
Ministry of Social Justice & EmpowermentNITI AayogMinistry of Electronics & ITTRAICERT-In
Key Stakeholders
BPL FamiliesSenior CitizensPersons with DisabilitiesInternet UsersTech CompaniesStartups
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Explore Sectors
Social Protection1061 tracked→Digital & Technology1199 tracked→
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