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Manufacturing policy and production linked incentives

How India encourages manufacturing: industrial policy and the incentives tied to production.

Showing 1 of 4 articles, those that changed from 1 to 31 August 2026.Show all

BHAVYA-Rasayan scheme for chemical parks

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Prelims

BHAVYA-Rasayan is a central scheme to build greenfield chemical parks with the States, with the aim of cutting chemical imports.

What changed

  1. 10 Aug 2026Briefnewly addedThe scheme supports three greenfield chemical parks between 2026-27 and 2030-31, with an outlay of ₹3,030 crore. The Centre gives up to ₹1,000 crore per park for common infrastructure, while States provide land and must mobilise at least ₹500 crore. PRS Legislative Research, 10 Aug 2026: Monthly Policy Review, August 2026 (opens in a new tab)

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    The Semicon India Programme, begun in 2021 under the India Semiconductor Mission, backs the fabrication and the assembly and testing of chips in India.

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