Economy
2015
Government Schemes
Infrastructure Sector
Which one of the following is a purpose of ‘UDAY’, a scheme of the Government?
D.Providing for financial turnaround and revival of power distribution companies
B.Providing electricity to every household in the country by 2018
C.Replacing the coal-based power plants with natural gas, nuclear, solar, wind and tidal power plants over a period of time
A.Providing technical and financial assistance to start-up entrepreneurs in the field of renewable sources of energy
Correct Answer: Option D
UDAY (Ujwal Discom Assurance Yojana) scheme aims to provide financial turnaround and revival of power distribution companies (DISCOMs).
This is achieved by addressing their debt burdens (through measures like state governments taking over DISCOM debt) and improving their operational efficiency (reducing AT&C losses - Aggregate Technical and Commercial losses).
Hence, option d is the correct answer.
More Economy Questions
Which one of the following is the main objective of the ‘Make in India’ initiative?Economy · 2015With reference to the Indian economy, "Collateral Borrowing and Lending Obligations" are the instrum...Economy · 2024In the context of any country, which one of the following would be considered as part of its social ...Economy · 2019Which one of the following is likely to be the most inflationary in its effects?Economy · 2021With reference to the Indian economy, consider the following statements:Economy · 2022