RAS question
What is the total financial outlay of the BHAVYA scheme approved by the Union Cabinet in March 2026?
Correct answer: (B) ₹33,660 crore.
The Union Cabinet approved the Bharat Audyogik Vikas Yojna (BHAVYA) with a total financial outlay of Rs.33,660 crore.
Explanation
BHAVYA stands for Bharat Audyogik Vikas Yojna, and the Union Cabinet approved it in March 2026 with a total outlay of Rs.33,660 crore over six years. The PIB release describes the decision as a Cabinet approval for a new phase of plug-and-play industrial development, with the expenditure meant for developing 100 industrial parks across the country. That is why Rs.33,660 crore is the precise figure to remember: it is not a rounded estimate, but the official allocation attached to the Cabinet-approved scheme. In an economy question, the examiner is testing recall of the approved financial commitment, not a general range of industrial-infrastructure spending.
Why the other options are wrong
- (A) Rs.25,000 crore understates the official Cabinet-approved allocation mentioned for BHAVYA.
- (C) Rs.45,000 crore is higher than the PIB-stated allocation and is not the figure attached to this scheme.
- (D) Rs.50,000 crore is a round distractor, while the approved BHAVYA outlay was the specific figure of Rs.33,660 crore.
Concept
This tests government schemes under Indian Economy, especially the ability to link a named industrial-development scheme with its approved financial outlay. Such figures recur in RAS because Cabinet approvals and centrally funded schemes are frequent current-affairs inputs for economy questions.