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India's BHAVYA Rasayan scheme aims to bridge a critical gap in chemical infrastructure, but a new analysis questions whether it will create productive clusters or merely subsidize real estate. The scheme, which targets the development of chemical parks, is seen as a step toward boosting domestic manufacturing. However, experts argue that transparent site selection, measurable targets, and strict environmental safeguards are essential to its success. Without these, the initiative risks becoming a costly experiment. Article source: abclive.in | Image credit: The Times of India
India’s BHAVYA Rasayan scheme aims to bridge a critical gap in chemical infrastructure, but a new analysis questions whether it will create productive clusters or merely subsidize real estate. The scheme, which targets the development of chemical parks, is seen as a step toward boosting domestic manufacturing. However, experts argue that transparent site selection, measurable targets, and strict environmental safeguards are essential to its success. Without these, the initiative risks becoming a costly experiment.
Article source: abclive.in | Image credit: The Times of India
