Three chemical parks to be set up under BHAVYA-Rasayan scheme

The Union Cabinet approved the BHAVYA-Rasayan scheme for three dedicated chemical parks. This initiative has a financial outlay of Rs 3,030 crore for infrastructure development. The scheme will run for five years, promoting chemical industry growth and competitiveness. It aims to create an environment-friendly ecosystem with centralized waste management facilities. This development is expected to generate employment and contribute to economic growth.