Telangana, Assam to join UDAY scheme
- Telangana and Assam are slated to join the UDAY scheme meant for revival of loss making discoms.
- It will result in overall net benefits of Rs 6116 crore and Rs 1,663 crore to them respectively.
- The scheme provides that the state government are required to take over 75 per cent of their respective discom debt outstanding as on September 30, 2015.
- UDAY mandates that the balance debt (25 per cent) would be re-priced or issued as state guaranteed discom bonds.
Quick Question for Bank PO/ IBPS Exams 2016-17:
Which two Indian states are slated to join the UDAY scheme meant for revival of loss making discoms ?
- Telangana and Assam.