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
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B
Providing electricity to every household in the country by 2018
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C
Replacing the coal-based power plants with natural gas, nuclear, solar, wind and tidal power plants over a period of time
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D
Providing for financial turnaround and revival of power distribution companies
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Solution
The correct option is D Providing for financial turnaround and revival of power distribution companies UDAY(Ujwal Discom Assurance Yojana) is a scheme for the financial turnaround of power distribution companies (DISCOMs). Its objective was to improve the operational and financial efficiency of the State DISCOMs.