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Would UDAY brighten up Rajasthan Finances?

Author

Listed:
  • Chakraborty, Pinaki

    (National Institute of Public Finance and Policy)

  • Gupta, Manish

    (National Institute of Public Finance and Policy)

  • Chakraborty, Lekha

    (National Institute of Public Finance and Policy)

Abstract

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.

Suggested Citation

  • Chakraborty, Pinaki & Gupta, Manish & Chakraborty, Lekha, 2018. "Would UDAY brighten up Rajasthan Finances?," Working Papers 18/211, National Institute of Public Finance and Policy.
    • Handle: RePEc:npf:wpaper:18/211
    Note: Working Paper 211, 2018
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    File URL: http://www.nipfp.org.in/media/medialibrary/2018/03/WP_2018_211.pdf
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    References listed on IDEAS

    as
    1. Bhattacharya. Rudrani, 2017. "Effectiveness of monetary policy in stabilising food inflation: Evidence from advanced and emerging economies," Working Papers 17/209, National Institute of Public Finance and Policy.
    2. Ministry of Finance, Government of India,, 2017. "Economic Survey 2016-17," OUP Catalogue, Oxford University Press, edition 2, number 9780199477661.
    3. Datta, Pratik & Surya Prakash B. S. & Sane, Renuka, 2017. "Understanding Judicial Delay at the Income Tax Appellate Tribunal in India," Working Papers 17/208, National Institute of Public Finance and Policy.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Singh, Kamaljit & Vashishtha, Simmi, 2019. "Empowering the power sector through UDAY: A study of Haryana," MPRA Paper 99266, University Library of Munich, Germany.

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    More about this item

    Keywords

    Power distribution companies ; debt restructuring ; deficits ; Rajasthan;
    All these keywords.

    JEL classification:

    • H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures
    • H74 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Borrowing
    • H77 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Intergovernmental Relations; Federalism
    • H81 - Public Economics - - Miscellaneous Issues - - - Governmental Loans; Loan Guarantees; Credits; Grants; Bailouts

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