RAS question
The BHAVYA scheme will be implemented by which agency?
Correct answer: (B) National Industrial Corridor Development Corporation (NICDC).
The BHAVYA scheme will be implemented by the National Industrial Corridor Development Corporation under DPIIT, Ministry of Commerce and Industry.
Explanation
The BHAVYA scheme is tied to India's industrial-infrastructure push, so the implementing body is the agency already handling industrial corridors and smart industrial cities. The PIB release says the National Industrial Corridor Development Corporation, under the Department for Promotion of Industry and Internal Trade in the Ministry of Commerce and Industry, will anchor implementation of BHAVYA. The scheme is meant to develop 100 plug-and-play industrial parks. These parks are not just land parcels; they will have pre-approved land, ready infrastructure and integrated services, with streamlined approvals to make business operations easier. NICDC fits the role because its existing mandate and experience are in industrial corridors, investor-ready nodes and greenfield industrial smart cities.
Why the other options are wrong
- (A) NITI Aayog is not the implementing agency; the PIB release assigns BHAVYA implementation to NICDC under DPIIT.
- (C) Invest India is not the implementing body for BHAVYA; BHAVYA is anchored by NICDC, which is linked to industrial corridors and smart industrial cities.
- (D) SIDBI deals with small-industry finance, while BHAVYA's industrial-park development implementation is assigned to NICDC.
Concept
Industrial infrastructure schemes and their nodal agencies belong to the Indian Economy theme. RAS often uses scheme-agency mapping as a compact way to check both current affairs and institutional understanding.