Bihar is the 6th state to join UDAY plan.
UDAY(Ujwal Discom Assurance Yojana) is a tripartite update between Bihar government, state Discoms and the Power service for the recovery of obligation ridden state conveyance utilities to spare 9000 crores.
Focuses to note:
* Bihar is the 6th state to join this UDAY plan.
* It is the second Non-UPA state after Uttar Pradesh to join this scheme Bihar.
* It will offer the obligation some assistance with riding dissemination arrangement of the state to spare 9000 crores in the following 3 years.
* The aggregate obligation is of 3110 crores out of which the state government will bear 2332 crores.
* Remaining is to be dispersed as Discom Bonds with enthusiasm of Rs.117 crores.
* The greatest advantages originate from AT& C, transmission misfortunes which come around 6650 Crores.
* What's more, coal changes likewise contribute 1086 crores.
Streak focuses:
* Alternate states in this plan incorporate Rajasthan, Gujarat, UP,Chattisgarh and Jharkhand.
* Clergyman of Power, coal and New& renewable vitality Piyush Goyal.
* Complete worth of this venture for each of the 6 states-4 lakh crore or 33% of the aggregate obligation of debt.
Key focuses:
* Bihar Capital: Patna.
* Bihar Governor: Ram Nath Kovind.
* Bihar Chief Minister: Nitish Kumar.