Ujwal DISCOM Assurance Yojana (UDAY) is the financial turnaround and revival package for the electricity distribution companies of India (DISCOMS). It was launched with an aim to find a permanent solution to the financial struggle of the power distribution companies. However, even after 3 years of its implementation, the discoms continue to perform poorly. Therefore, urgent reforms are needed to address this issue and strengthen the power sector in India.
In August 2018, Union Cabinet approved a policy framework that permits both private and government players to explore and exploit unconventional hydrocarbons including shale gas.
The government is thinking of a plan to sell LPG blended with methanol, which could facilitate reduction in its cooking gas subsidy by 1/3rd of its current prices. The plan is to manufacture methanol from abundantly available low-quality coal and other bio resources, and also produce it synthetically. The project would be implemented by the NITI Aayog.