UDAY was launched in November 2015 to address the financial distress of the state-owned power distribution companies (DISCOMs). It aimed to reduce the interest cost on DISCOM debt, improve their operational efficiency, and ultimately make them financially sustainable. This was achieved through measures such as restructuring of DISCOM debt, and infusion of funds for operational improvements.
To reduce the interest payment on the Electricity sector, which scheme has been launched by the Government of India?
Asked in RO ARO Mains 2021 · Topic: Industrial Sector (Industrial Infrastructure: Power, Logistics, and Special Economic Zones (SEZs))
More Economic Development questions
- Which of the following is largest producer of thermal electricity ?
- Consider the following sources of power generation: 1. Hydro 2. Natural gas 3. Nuclear 4. Diesel Arrange them in descending order of their percentage in the total installed capacity of power generation in India as on 30th September, 2016:
- In February 2020, which of the following place was in-principle approved as a site of a new major port?
- The Barauni - Guwahati natural gas pipeline project is (i) being developed by GAIL (ii) connects 12 districts of Bihar (iii) an extension of the Jagdishpur - Haldia - Bokaro - Dhamra Natural Gas pipeline (JHBPL) Which of the above statements is/are correct?
- The main source of energy for NTPC to produce electricity is
- Which two States have been jointly ranked first in the ease of doing business ranking issued by the World Bank and DIPP in October 2016?
- As per the policy applicable in 2017, how much Foreign Direct Investment (FDI) is permitted in the defence sector in India ?
- What does venture capital mean?