The Union Cabinet approved the 'BHAVYA-Rasayan Scheme' with an outlay of ₹3,030 crore to set up three chemical parks across India. The centre will provide up to ₹1,000 crore for each park. The scheme aims to boost the chemical industry, attract investments, reduce logistics costs, and create jobs over the next five years.
Telangana
Cabinet Approves ₹3,030 Crore Chemical Parks Scheme
