Q. What was the main objective of the UDAY Scheme?
Answer: Turn around the financial health of state power distribution companies
Notes: UDAY (Ujwal DISCOM Assurance Yojana), launched in 2015, aimed to improve state DISCOMs' financial health by reducing their debt, promoting operational reforms, and enhancing efficiency. It did not involve electrification, solar panel installation, or funding renewable projects, but focused on stabilizing power distribution companies in India.