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 ✓ UPSC's answer
Why the answer is (d)
• UDAY (Ujwal DISCOM Assurance Yojana, 2015) aimed at the financial turnaround of State power distribution companies: States took over 75% of DISCOM debt as bonds, and DISCOMs committed to cut losses and align tariffs with costs — option (d).
• Start-up support (a) is under other schemes; universal household electrification (b) is Saubhagya; replacing coal plants (c) is not a scheme.
• Hence option (d).
Why the other options are wrong
- (a) Providing technical and financial assistance to start-up entrepreneurs in the field of…
- UDAY is not a start-up scheme.
- (b) Providing electricity to every household in the country by 2018
- Household electrification is Saubhagya, not UDAY.
- (c) Replacing the coal-based power plants with natural gas, nuclear, solar, wind and tidal…
- UDAY does not replace coal plants.
Asked in the GS Paper I of the UPSC Civil Services Preliminary Examination 2016, held on 7 August 2016. Question and answer key: Union Public Service Commission. Explanation: UPSC Answer Check.