New Delhi, July 24 -- Prime Minister Narendra Modi on Friday said the Cabinet's approval of the Bharat Audyogik Vikas Yojana Rasayan (BHAVYA Rasayan) Scheme and the construction of the third and fourth railway lines on the Ballari-Guntakal section will strengthen India's industrial growth, connectivity and logistics network.

PM Modi said the BHAVYA-Rasayan Scheme will strengthen India's chemical and petrochemical ecosystem through the development of modern chemical parks, attract investments, boost exports, promote import substitution and create employment opportunities.

In a post on X, PM Modi wrote, "The Cabinet's approval of the BHAVYA-Rasayan Scheme marks an important step towards strengthening India's chemical and petrochemical eco...