BHAVYA – Rasayan Scheme
- Context: The Union Cabinet, chaired by Prime Minister, approved the Bharat Audyogik Vikas Yojana Rasayan (BHAVYA – Rasayan Scheme) on 24th july 2026.
- It was announced in the Union Budget 2026–27.
About BHAVYA – Rasayan Scheme
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- The scheme aims to establish three dedicated Chemical Parks in India.
- The scheme will be implemented for 5 years, from FY 2026–27 to FY 2030–31.
Objective
- To develop world-class Chemical Parks with modern infrastructure.
- To strengthen the Indian chemical industry and improve its global competitiveness.
- To attract domestic and foreign investment in the chemical sector.
Financial Outlay
- Total allocation: ₹3,030 crore.
- ₹3,000 crore for creating common infrastructure and basic utilities in the parks.
- ₹30 crore for administrative expenses.
Funding Pattern
- The Central Government will provide a grant of up to ₹1,000 crore for each Chemical Park.
- The concerned State Government must contribute at least ₹500 crore.
Key Features
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- Establishment of three dedicated Chemical Parks.
- Development of Common Infrastructure Facilities (CIFs) and Basic Utilities.
- Creation of facilities specially designed to meet the needs of the chemical industry.
Benefits to the Chemical Industry
- Supports the growth of upstream, downstream, and ancillary industries.
- Ensures better use of resources and reduces logistics costs.
- Shared infrastructure lowers production costs and improves efficiency.
- Makes Indian chemical products more competitive in global markets.
Global Competitiveness
- Helps the Indian chemical industry integrate with Global Value Chains (GVCs).
- Encourages higher exports.
- Reduces dependence on imports through increased domestic production.
Environmental Sustainability
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- Promotes an eco-friendly industrial ecosystem.
- Provides common environmental facilities such as:
- Common Effluent Treatment Plant (CETP)
- Treatment, Storage and Disposal Facility (TSDF)
- Hazardous Waste Management Infrastructure
- Improves compliance with environmental regulations.
Economic Impact
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- Boosts the growth of the chemical sector and related industries.
- Creates large-scale employment opportunities.
- Supports overall economic development.
- Contributes towards achieving the vision of Viksit Bharat @ 2047.
Expected Outcomes
- Attracts both domestic and foreign investments.
- Expands India’s chemical manufacturing capacity.
- Generates employment opportunities.
- Improves India’s global competitiveness in the chemical sector.
- Promotes Atmanirbhar Bharat (Self-Reliant India).
Pradhan Mantri Bharatiya Janaushadhi Pariyojana (PMBJP)
- Context: Pradhan Mantri Bharatiya Janaushadhi Pariyojana (PMBJP) has helped people save about ₹45,000 crore on medicines over the last 12 years by providing affordable, quality generic medicines through an expanding network of Jan Aushadhi Kendras (JAKs).
About PMBJP
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- PMBJP is a scheme of the Department of Pharmaceuticals, under the Ministry of Chemicals and Fertilizers.
- The scheme was launched in November 2008 as the Jan Aushadhi Campaign.
- It was renamed as PMBJP in 2015.
- It aims to provide quality generic medicines at affordable prices through Pradhan Mantri Bharatiya Janaushadhi Kendras (PMBJKs) across India.
- The scheme helps make healthcare more affordable for the common people.
Vision
- To reduce the healthcare expenses of every Indian by making quality generic medicines available at affordable prices.
Mission
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- Create awareness among people about the benefits of generic medicines.
- Encourage doctors and medical practitioners to prescribe generic medicines.
- Educate people that high-priced medicines are not always better in quality.
- Make commonly used generic medicines available for all major diseases and therapeutic groups.
- Provide related healthcare products through Jan Aushadhi Kendras.
Objectives
- Ensure that quality medicines are available at affordable prices for everyone, especially the poor and disadvantaged.
- Reduce out-of-pocket healthcare expenses by supplying medicines through Jan Aushadhi Kendras.
- Improve access to affordable healthcare across the country.
Salient Features
- Provides quality generic medicines at low prices.
- Expands the availability of affordable medicines across India.
- Reduces the cost of medical treatment for individuals.
- Promotes awareness that quality does not depend on high price.
- Involves the Government, Public Sector Undertakings (PSUs), private sector, NGOs, cooperative societies, and other organisations in implementing the programme.
- Increases the use of generic medicines by ensuring they are easily available for all major therapeutic categories.
Implementation
- The scheme was initially implemented by the Bureau of Pharma Public Sector Undertakings of India (BPPI).
- BPPI was established under the Department of Pharmaceuticals, Government of India, with the support of Central Public Sector Undertakings (CPSUs).
- At present, the Pharmaceutical & Medical Devices Bureau of India (PMBI) is responsible for implementing the Pradhan Mantri Bharatiya Janaushadhi Pariyojana (PMBJP).
Prime Minister Internship Scheme (PMIS)
- Context: Nearly one lakh young people have been connected to the Prime Minister Internship Scheme (PMIS) through the Mera Yuva Bharat (MY Bharat) platform, with the initiative helping expand awareness and access to industry internship opportunities across the country.
About the Scheme
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- The Prime Minister Internship Scheme (PMIS) is a Government of India programme that provides internship opportunities for young people in leading companies across the country.
- Internships are offered in 24 sectors, including: Oil and Gas, Energy, Travel and Hospitality, Automobile, Banking, Financial Services, and other major industries.
- Financial Assistance: Each intern receives at least ₹9,000 per month during the internship.
Eligibility Criteria
- Applicants should have completed any of the following: Class 10, Class 12, ITI, Polytechnic, Diploma
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- Fresh graduates from non-premier institutions are eligible.
- Students from IITs, IIMs, National Law Universities (NLUs) and those with professional degrees such as CA, MBA, MBBS, etc., are not eligible.
- Applicants must be 21 to 25 years of age.
- The scheme provides 12-month internships in India’s top 500 companies.
- The annual income of the applicant’s family (self, parents, or spouse) should not exceed ₹12 lakh in the previous financial year.
- No member of the applicant’s family should be employed in a government job.
- New Changes
- Final-year undergraduate and postgraduate students are now eligible to apply.
- Applicants must submit a No Objection Certificate (NOC) from their educational institution while applying.
