Why the lights dimmed on UDAY
At a time when Covid-19 threatens a global recession and bankruptcies are likely to mount, the failure of UDAY will only add to the stress on finances
NEW DELHI : When it was launched in 2016, the Ujjwal DISCOM Assurance Yojana (or UDAY) was hailed as a game-changer for India’s power sector. Yet despite the hype, India’s power sector remains a mess. Less than 50% of rural households receive more than 12 hours of electricity supply, according to a 2018 study. And state distribution companies or discoms --- responsible for delivering electricity to households --- are plagued with leakages, burdened with debt, and reeling under losses.