New Delhi, March 19 -- The Union Cabinet on Wednesday approved a Rs.33,660-crore outlay for the Bharat Audyogik Vikas Yojna (BHAVYA) to develop 100 plug-and-play industrial parks across the country, and the Small Hydro Power Development Scheme to enhance regional energy and growth. The BHAVYA scheme, which is expected to generate about 1.5 million direct jobs, will take up industrial parks ranging from 100 to 1,000 acres for the development with financial support of up to Rs.1 crore per acre, an official statement said.P9
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