Uday Scheme: This will impose upon the state governments to take up a percentage of losses of discoms.

If the discoms do not revive, the percentage of losses borne by the state governments will keep increasing every year.

Essentially this will impose hard budget constraints on state governments.

Prannoy Roy: Do you think disinvestment will go up this year?Arvind Subramanian: Yes I think the government takes it very seriously