Question
Which one of the following is a purpose of `UDAY', a scheme of the Government?
(a) Providing technical and financial assistance to start-up entrepreneurs in the field of renewable sources of energy
(b) Providing electricity to every household in the country by 2018
(c) Replacing the coal-based power plants with natural gas, nuclear, solar, wind and tidal power plants over a period of time
(d) Providing for financial turnaround and revival of power distribution companies
Answer:
D
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Explanation:
UDAY is a scheme launched by the Government of India to address the financial distress and operational inefficiencies faced by power distribution companies (DISCOMs) in the country. It aims to improve the financial health of DISCOMs by reducing their debt burden, improving their operational efficiency, and promoting sustainable power practices. The scheme provides various measures such as financial assistance, debt restructuring, and operational improvements to support the revival of DISCOMs and ensure the reliable supply of electricity to consumers.