UPSC Previous Year Question | Prelims GS | 2016

Which one of the following is a purpose of 'UDAY', a scheme of the Government?

  1. Providing technical and financial assistance to start-up entrepreneurs in the field of renewable sources of energy
  2. Providing electricity to every household in the country by 2018
  3. Replacing the coal-based power plants with natural gas, nuclear, solar, wind and tidal power plants over a period of time
  4. Providing for financial turnaround and revival of power distribution companies

Answer

Correct Answer

Providing for financial turnaround and revival of power distribution companies

Explanation

UDAY (Ujwal DISCOM Assurance Yojana) is aimed at the financial turnaround and revival of power distribution companies (DISCOMs) in India.

Topics: energy sector, indian economy, power sector reforms, uday scheme