The correct answer is: d) All of the above.
The Ujwal DISCOM Assurance Yojana (UDAY) scheme was launched by the Government of India in 2015 to improve the financial health of distribution companies (DISCOMs) and ensure reliable power supply to consumers. The scheme aimed to achieve this by providing financial assistance to DISCOMs, restructuring their debt, and improving their operational efficiency.
The UDAY scheme has been successful in improving the financial health of DISCOMs. As of March 2019, the aggregate losses of DISCOMs had reduced by about 80% since the launch of the scheme. The scheme has also helped to improve the operational efficiency of DISCOMs. For example, the average AT&C losses of DISCOMs have reduced from 24.5% in 2015-16 to 20.5% in 2018-19.
The UDAY scheme has also helped to improve the reliability of power supply. The average number of hours of power supply to consumers has increased from 12 hours per day in 2015-16 to 14 hours per day in 2018-19.
Overall, the UDAY scheme has been successful in achieving its objectives of improving the financial health of DISCOMs, restructuring their debt, and improving their operational efficiency. This has led to improved reliability of power supply to consumers.