Bihar becomes sixth state to join UDAY Scheme

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Bihar became the sixth state to join Union Government’s UDAY (Ujwal Discom Assurance Yojana) Scheme for financial restructuring of debt of power distribution companies. In this regard, tripartite Memorandum of Understanding (MoU) was signed between Bihar government, State Power Distribution companies (DISCOMs) and Union Power ministry. Note: Bihar is the 6th state after Rajasthan, Chhattisgarh, Jharkhand, Uttar Pradesh and Gujarat to become part of the scheme.  It is second Non-NDA state after Uttar Pradesh to join the scheme.