CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which state becomes the 21st State to Join UDAY scheme
A
Kerala
B
Andhra Pradesh
C
Karnataka
D
Tamil Nadu
Explanation: 

Detailed explanation-1: -Tamil Nadu becomes 21st State to join UDAY.

Detailed explanation-2: -Jharkhand became the first state to come under uday scheme. Other states that have given their in-principle approval are Gujarat, Chhattisgarh, Andhra Pradesh, Karnataka, Rajasthan, Punjab, Haryana, Jammu and Kashmir, Himachal Pradesh, Madhya Pradesh, Uttarakhand, Telangana, Assam.

Detailed explanation-3: -Ministry of Power, GoI launched Ujwal DISCOM Assurance Yojana (UDAY) which was approved by Union Cabinet on 5th November, 2015.

Detailed explanation-4: -What is the objective of UDAY Scheme? Ans. Ujwal DISCOM Assurance Yojana is a scheme for the Financial Turnaround of Power Distribution Companies (DISCOMs), has been approved by the Government of India with an objective to improve the operational and financial efficiency of the State DISCOMs.

Detailed explanation-5: -Achievements of the UDAY Scheme: The government’s UDAY initiative helped debt-ridden Discoms in 24 states to reduce losses to Rs 369 billion in 2018, down from Rs 515.9 billion the previous financial year.

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