Would UDAY brighten up Rajasthan Finances?
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
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)
New Economics Papers: this item is included in nep-pbe
Note: Working Paper 211, 2018
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Persistent link: https://EconPapers.repec.org/RePEc:npf:wpaper:18/211
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