_______ is one of the well-known schemes sponsored by the Union Government of India. It was launched in November 2015 with the aim of rescuing the country’s ailing electricity distribution companies.

Question

Question

This question was previously asked in

SSC CHSL Exam 2024 Tier-I Official Paper (Held On: 04 Jul, 2024 Shift 4)

Answer 1

The correct answer is Ujwal DISCOM Assurance Yojana

Key Points

Ujwal DISCOM Assurance Yojana (UDAY) is one of the well-known schemes sponsored by the Union Government of India.
It was launched in November 2015 with the aim of rescuing the country's ailing electricity distribution companies.
The scheme focuses on improving the operational and financial efficiency of DISCOMs (Distribution Companies).
Under UDAY, states take over 75% of the DISCOM debt, thereby reducing the interest burden and improving financial stability.
The scheme also emphasizes on reducing AT&C (Aggregate Technical and Commercial) losses, improving billing and collection efficiency, and promoting energy efficiency measures.

Additional Information

The other options listed in the question pertain to various other initiatives and schemes related to the power sector in India.
One Nation, One Grid aims at providing a single grid for electricity transmission across the country.
Integrated Power Development Scheme (IPDS) focuses on strengthening sub-transmission and distribution networks in urban areas.
Deendayal Upadhyaya Gram Jyoti Yojana aims at rural electrification and feeder separation to improve the supply of electricity in rural areas.