Cabinet Clears ₹3,030-Crore BHAVYA–Rasayan Initiative for Chemical Infrastructure
With an execution tenure spanning from FY 2026–27 to 2030–31, the total central funding approved is ₹3,030 crore.
The initiative aims to set up three exclusive Chemical Parks across India, offering up to ₹1,000 crore central assistance per park alongside a minimum state contribution of ₹500 crore.
Exam Perspective: The project focuses on creating shared physical infrastructure to cluster chemical manufacturing firms and enhance sector competitiveness.
Key Facts / Static GK
Scheme Implementation Period: Financial Year 2026-27 to 2030-31
Q Practice Quiz — 25 July 2026
1. Who has recently assumed charge as the Interim President of the International Chess Federation (FIDE)?
Explanation: Five-time World Chess Champion Viswanathan Anand has officially taken charge as the Interim President of FIDE following sanction measures against Arkady Dvorkovich.
2. What is the maximum central grant allocated per park under the newly approved BHAVYA–Rasayan Scheme?
Explanation: Under the BHAVYA–Rasayan scheme, the Central Government will provide a grant of up to ₹1,000 crore per chemical park, while requiring a minimum state contribution of ₹500 crore per park.
3. Which of the following provisions is proposed in the amended draft of the Public Examinations (Prevention of Unfair Means) Act?
Explanation: The proposed amendments mandate a minimum of 5 years imprisonment (up to 10 years) and maximum fines of up to ₹10 crore for individuals implicated in paper leaks.
4. Which research institute developed the 'DeepDATA' application for digital documentation of deep-sea fish diversity?
Explanation: ICAR-CMFRI based in Kochi developed the 'DeepDATA' app under the Deep Ocean Mission supported by the Ministry of Earth Sciences.
5. Which existing institution in Bhimavaram will be upgraded to establish Andhra Pradesh's first private women's university?
Explanation: Andhra Pradesh approved the establishment of Vishnu Women's University by upgrading Sri Vishnu Engineering College for Women in Bhimavaram.
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