UDAY

Recent report: 

• CRISIL analysed State-owned electricity distribution companies (Discoms) in 15 States, which account for 85% of the aggregate losses. 
  
  
• According to it, aggregate external debt of these diiscoms is set to increase to pre-Ujwal Discom Assurance Yojana (UDAY) levels of ₹2.6 lakh crore by the end of this fiscal. 
  
  
• With most States having limited fiscal headroom, continuous financial support to their discoms may be difficult. So discoms have to become commercially viable through prudent tariff hikes and a material reduction in aggregate technical and commercial (AT&C) losses.