Integrated Power Development project:

  1. envisages Central Government to provide financial assistance to State owned Discoms/Power Departments only in urban areas
  2. allows to convert 75% of DISCOM debt into state-backed bonds

Which of the above statements is/are correct?

Answer: [A] Only 1

Second statement is incorrect because it is a feature of UDAY (Ujwal DISCOM Assurance Yojana) 

This question is a part of GKToday's Integrated IAS General Studies Module