UPSC Setu Logo
Economy2016
Which one of the following is the purpose of ‘UDAY’, a scheme of the Government?

Explanation

The UDAY (Ujjwal Discom Assurance Yojana) scheme was launched by the Government of India to address the financial distress of power distribution companies (DISCOMs). Its primary objective is to enable these entities to operate efficiently by reducing their debt burden, thus ensuring a stable supply of electricity and improving the financial health of the power sector. This initiative is crucial for promoting sustainable energy practices and enhancing public access to affordable electricity, aligning with India’s broader goals of economic growth and energy security.

New here?