"We hail the decision of the Union Cabinet chaired by the Prime Minister yesterday, which gave its approval to a new scheme - UDAY - moved by the Ministry of Power," he said.

UDAY provides for the financial turnaround and revival of Power Distribution companies (Discoms) and importantly also ensures a sustainable permanent solution to the problem, Dr Singh cited.

While addressing party workers in Srinagar today, he added that UDAY is a path breaking reform for realising the Prime Minister’s vision of affordable and accessible 24x7 power for all.

"It is another decisive step furthering the landmark strides made in the power sector over the past one and a half years by the Central government", he said.

The power sector is witnessing a series of historic improvements across the entire value chain, from fuel supply to generation, transmission and consumption (over 2.3 crore LED bulbs distributed) under the leadership of Power Minister Piyush Goyal, the Deputy CM cited.

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