Economics · Infrastructure and Energy Sector
With reference to India's power sector economics, consider the following statements: I. Power Distribution Companies (DISCOMs) face financial challenges primarily due to the gap between the Average Cost of Supply (ACS) and Average Revenue Realized (ARR). II. The Ujwal DISCOM Assurance Yojana (UDAY) scheme allowed State governments to take over 75% of DISCOM debt. III. Cross-subsidization in electricity tariffs in India usually benefits industrial consumers at the cost of agricultural and domestic sectors. Which of the above statements is/are correct?
- 1I, II, and III
- 2I and III only
- 3II and III only
- 4I and II only✓
Correct answer
I and II only
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