India's 5G is indigenous; can provide to other countries as well: Sitharaman
Washington (PTI): India has launched its indigenously developed 5G infrastructure and is ready to share it with other countries as well, Union Finance Minister Nirmala Sitharaman said on Thursday.
The story (of India's 5G) is yet to reach the public, Sitharaman said in her interaction with students at the Johns Hopkins School of Advanced International Studies (SAIS).
The 5G that we've launched in our country is completely standalone, she said in response to a question.
There could be some parts coming from, say, countries like (South) Korea, but (not) coming from somebody else. So complete indigenous technology that we can now provide 5G (to any country) who wants it, she said.
So, our 5G is not imported from somewhere else. It's our own product, Sitharaman said.
The 5G services were recently launched by Prime Minister Narendra Modi in select Indian cities and are likely to cover the entire nation by 2024, she said.
On 5G, I think, we can be immensely proud of India's achievements, Sitharaman said.
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Power tariffs under BESCOM to rise from May 1
Bengaluru (PTI): Power bills for consumers under the Bangalore Electricity Supply Company Limited (BESCOM) will go up from May 1, following an order issued by the Karnataka Electricity Regulatory Commission (KERC) on Friday.
The hike comes after KERC allowed the BESCOM to recover a revenue deficit of Rs 2,068 crore incurred in 2024-25, from the consumers.
As a result, for every unit of electricity consumed in 2024-25, the customers will be charged an additional 56 paise, it said.
"BESCOM shall calculate, for each of the active consumers of FY2024-25 the amount to be recovered based on their actual energy consumption during FY2024-25. Such amount shall be recovered during FY 2026-27 in equal monthly instalments, to be called as 'FY25 True up Charges', commencing from the first meter reading date falling on or after 1 May 2026 and concluding with the reading date ending on 30 April 2027," the order said.
"It is further ordered that BESCOM shall maintain a separate head of account, allocated for the purpose, to record the adjustment of the said amount to ensure full recovery of the deficit," it added.
Similarly Chamundeshwari Electricity Supply Corporation Limited (CESC) has also recorded a revenue deficit of Rs 121.71 crore and can collect an additional 15 paisa per unit for consumption in 2024-25, official sources said.
