Which of the following states became the first state in the country to sign MoU for UDAY scheme?

Which of the following states became the first state in the country to sign MoU for UDAY scheme?
[A]Rajasthan
[B]Gujarat
[C]Uttar Pradesh
[D]Jharkhand

Jharkhand
Jharkhand has become the first state to sign a Memorandum of Understanding (MoU) with Union Government for the Ujwal Discom Assurance Yojana (UDAY) reforms for state-owned power distribution companies. The tripartite agreement is signed between Jharkhand state government, power distribution companies and the union power ministry. The UDAY scheme has been launched by Union Government to improve financial and operational efficiencies of power distribution companies. It envisages to reduce interest burden, cost of power and AT&C losses. The scheme is optional and operationalised through signing of MoU between state governments, state discoms and Centre.


Leave a Reply

Your email address will not be published. Required fields are marked *