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UDAY Scheme: Review of Performance So Far

UDAY scheme was launched to relieve the distribution companies from debt problems and make their operation sustainable. In this article, we review the scheme from its basics and examine if it has been successful and achieved its mandate. Background Ujwal DISCOM Assurance Yojana (UDAY) was approved by Government in November 2015 as a scheme for […]

UDAY (Ujwal DISCOM Assurance Yojana) scheme

In November 2015, the Government had launched UDAY (Ujwal DISCOM Assurance Yojana) scheme to provide a permanent solution for financial turnaround and revival of Power Distribution companies (discoms). Overview of Discom Problems As on March 2015, the accumulated losses and the outstanding debt of discoms are approximately Rs. 3.8 lakh crore and Rs. 4.3 lakh crore, […]