UDAY Scheme Government of India

UDAY stands for Ujwal Discom Assurance Yojana, a Government of India scheme launched in 2015 aimed at financial and operational turnaround of power distribution companies (Discoms). The scheme addresses the financial stress of Discoms through debt restructuring and operational improvements. Option (a) relates to renewable energy startups but is not the primary purpose of UDAY. Option (b) is related to other schemes like Saubhagya for rural electrification. Option (c) relates to power plant diversification but is not UDAY's focus. Option (d) accurately describes UDAY's core purpose - financial turnaround and revival of Discoms. > UDAY = Financial Recovery of Power Discoms. Answer: d.