MP, Puducherry join UDAY scheme

Q.  MP has joined Centre’s UDAY scheme. Which other state has also signed an MoU and become the first UT to formally join the scheme?
- Published on 11 Aug 16

a. Puducherry
b. New Delhi
c. Chandigarh
d. None of the above

ANSWER: Puducherry
Madhya Pradesh formally joined the centre’s UDAY scheme meant for debt ridden power discos
  • Move will save INR 17515 crore during the period of turnaround
  • Puducherry became the first UT to formally join the scheme and signed the MoU under UDAY or Ujwal Discom Assurance Yojana
  • With the two states joining the scheme, the number of states and UTs joining UDAY have gone up to 16
  • CPSUs and discom debt will be restructured amounting to INR 2.51 lakh crore

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