Seven more states and Delhi join UDAY

A total of 20 states and the national capital are now a part of the centre’s scheme

GN Bureau | July 21, 2016


#modi   #Ujwal DISCOM Assurance Yojana   #uday  


The Modi government’s Ujwal DISCOM Assurance Yojana, or UDAY, has now got 20 states and the national capital to be its part, as seven more states and Delhi agreed to join the scheme.

The scheme, launched in 2015, aims to improve operational efficiencies of discoms, reduce cost of power and interest cost of discoms, and enforce financial discipline on discoms through alignment with state finances.

The prime feature of the scheme is that it allows state governments, owning discoms, to take over 75 percent of their debts as of September 30, 2015 – 50 percent of discom debt to be taken over in 2015-16 and 25 percent in 2016-17.

Earlier 13 states had signed agreements with the centre for this scheme. Now other than Delhi, seven more states – Himachal Pradesh, Madhya Pradesh, Maharashtra, Odisha, Assam, Manipur and Tripura – have also become a part of UDAY.

Comments

 

Other News

Developed states not adding to skill sets: Study

The most economically developed states are not adequately adding to skillsets, which may result in severe shortages of skilled manpower in the coming years, according to an ASSOCHAM-Thought Arbitrage Paper.  Maharashtra

The young dalit, angry and Azad

It’s a hot May afternoon and Connaught Place is almost deserted. But KL Mahar and Anjana Mahar, a middle-aged dalit couple, are striding briskly towards Delhi’s famed protest square, near the Jantar Mantar, to get a glimpse of Chandrashekhar Azad. Popularly called Ravan, Chandrashekhar

Tedros becomes the first African to head WHO

“Call me Tedros,” the newly elected director-general (DG) of the World Health Organisation (WHO), Dr Tedros Adhanom Ghebreyesus, told a Chinese reporter at a press conference held after he was elected on May 23. “The issue is: in Ethiopia we don’t have surnames, and also my wife o

Should there be a national test for teachers?

Should there be a national test for teachers?

Government sanctions new posts to hire cyber security professionals

The government has sanctioned 111 posts of cyber security professionals for the Indian computer emergency response team (ICERT) under the ministry of electronics and information technology (MEITY), according to a ministry official, who added that the posts were sanctioned earlier this year. 

Bhutan’s pursuit of happiness, shortage of health sub-centres in UP, and role of digitisation in IGNOU

In many ways the story of Gross National Happiness in a country is the story of Bhutan and its modern history. There are two major transition points in Bhutan’s recent history, the beginning of the monarchy in 1907, and the transition to a Constitutional monarchy in 2008, and the pursuit of happine



Video

पंजाब में हाई अलर्ट

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter