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Would UDAY brighten up Rajasthan Finances?

Pinaki Chakraborty, Manish Gupta () and Lekha cHAKRABORTY ()
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Manish Gupta: National Institute of Public Finance and Policy

Working Papers from National Institute of Public Finance and Policy

Abstract: Ujwal DISCOM Assurance Yojana (UDAY) required number of State governments to take over debt of power distribution companies in their books of accounts. Though this one time inter-vention made both debt and deficit measures more comprehensive, this has raised many chal-lenges including comparability of deficit across States and long run fiscal implications of po-wer sector debt on State finances.

Keywords: Power distribution companies; debt restructuring; deficits; Rajasthan (search for similar items in EconPapers)
JEL-codes: H72 H74 H77 H81 (search for similar items in EconPapers)
Pages: 16
Date: 2018-03
New Economics Papers: this item is included in nep-pbe
Note: Working Paper 211, 2018
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