31 January, 2020
2 Min Read
Syllabus subtopic: Government Policies and Interventions for Development in various sectors and Issues arising out of their Design and Implementation
Prelims and Mains focus: about the new scheme to be launched and how is it going to be a game changer for discoms and consumers; about UDAY and its shortcomings
News: The upcoming Budget is likely to introduce a new scheme directed at the power sector that would replace the NDA government’s earlier scheme, UDAY, which had floundered in its attempt to revive the country’s power distribution companies (discoms).
UDAY, launched in 2015, was aimed at reviving ailing state power discoms and make them operationally and financially efficient through various measures, like reducing aggregate technical and commercial (AT&C) losses to 15 per cent by FY2019. The losses had come down to 18.79 per cent. The new scheme aims to achieve this 15 per cent target.
About the new scheme
Source: Indian Express
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