UDAY states see Rs 11,989-cr drop in interest cost

UDAY states see Rs 11,989-cr drop in interest cost

The interest cost of states participating in Ujwal Discom Assurance Yojana (UDAY) scheme has come down by around Rs 11,989 crore for April-December of 2016-17 over the year-ago period.

“As per the information available, the cost of participating in has reduced by Rs 11,989 crore, approximately for the first nine months of the current financial year compared to the financial year (2015-16),” Power Minister Piyush Goyal said in a reply to the Rajya Sabha.

Credits:business-standard.com

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