Economics • Indian EconomyEasy
The 'Ujwal DISCOM Assurance Yojana (UDAY)' scheme was launched by the Government of India with the primary objective of:
A. Promoting solar irrigation pumps among marginal farmers
B. Financial turnaround and operational revival of state power distribution companies✓ Correct Answer
C. Constructing rural highways and connecting remote district headquarters
D. Enhancing digital literacy in secondary educational institutions
💡 Solution & Explanation
The UDAY scheme was launched by the Ministry of Power to facilitate the financial turnaround and operational revival of state-owned electricity distribution companies burdened by heavy debt. It aimed to reduce operational inefficiencies rather than building rural highways or promoting solar pumps directly. Infrastructure reform schemes are frequently highlighted in economic and current affairs questions.
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