https://www.taxtmi.com/news?id=72974 The BHAVYA Scheme sets out a Central Sector framework for developing investment-ready industrial parks through integrated infrastructure, eligibility criteria, project selection, funding, governance, monitoring, and implementation arrangements. It provides for 100 industrial parks over six years, beginning with a challenge-based selection of up to 50 parks, and covers greenfield and eligible brownfield projects. Implementation will use Special Purpose Vehicles, with financial assistance linked to land contribution and milestone achievement, supported by monitoring, reporting, and oversight mechanisms. en-us Mon, 25 May 2026 09:25:03 +0530 Mon, 25 May 2026 09:25:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72974 The BHAVYA Scheme sets out a Central Sector framework for developing investment-ready industrial parks through integrated infrastructure, eligibility criteria, project selection, funding, governance, monitoring, and implementation arrangements. It provides for 100 industrial parks over six years, beginning with a challenge-based selection of up to 50 parks, and covers greenfield and eligible brownfield projects. Implementation will use Special Purpose Vehicles, with financial assistance linked to land contribution and milestone achievement, supported by monitoring, reporting, and oversight mechanisms. News - Mon, 25 May 2026 09:25:03 +0530 https://www.taxtmi.com/news?id=72974