Govt okays chemical parks scheme, expansion of K’taka-Andhra rly line
The Indian government approved the BHAVYA-Rasayan Scheme to develop chemical parks with a total outlay of ₹3,030 crore, including ₹1,000 crore in grants per park, over five years. This initiative aims to bolster India's chemical and petrochemical ecosystem, as stated by Prime Minister Narendra Modi. Additionally, the Cabinet approved the expansion of the Ballari-Guntakal railway line at a cost of ₹1,264 crore, enhancing connectivity for approximately 99 villages and improving transport for key commodities.