Breaking: Tamil Nadu to Become 21st UDAY Signatory

January 6, 2017


Tamil Nadu is finally expected to join Ujwal DISCOM (distribution company) Assurance Yojana (UDAY) program on Monday, according to sources. The state will become the 21st member state to join UDAY program.

Out of the proposed ~₹4 lakh crore (~$58.9 billion) debt to be wiped out through UDAY program, Tamil Nadu DISCOMs alone account for ₹50,000 crores (~$7.4 billion).

(more to come)