SchemesFriday, 20 March 2026·https://testbook.com/current-affairs/20-march-2026-daily-current-affairs
Cabinet clears Bharat Audyogik Vikas Yojna for 100 industrial parks and ₹33,660 crore support
The Union Cabinet approved Bharat Audyogik Vikas Yojna to build 100 industrial parks with ₹33,660 crore support.
Key highlights
Direct fact
In March 2026, the Union Cabinet chaired by Prime Minister Narendra Modi approved the Bharat Audyogik Vikas Yojna to develop 100 world-class industrial parks across India with an outlay of ₹33,660 crore.
Key specifics
- Industrial parks under the scheme will cover 100 to 1,000 acres.
- Financial support of up to ₹1 crore per acre is provided for internal roads, underground utilities, drainage and ICT systems.
- The scheme includes ready-built factory sheds, built-to-suit units, testing laboratories and warehousing.
- External infrastructure support is allowed up to 25% of the project cost.
- Project selection will be through Challenge Mode with state governments and private sector participation.
Exam lens
Question type: Scheme and infrastructure match-the-following, 100 parks, ₹33,660 crore, ₹1 crore per acre, Challenge Mode; TNPSC may ask which scheme promotes plug-and-play industrial development.