Black day for DK if Vijaya bank board deleted: Ramanath Rai
Mangaluru, Jan 3: Former minister B Ramanath Rai said that the day of erasing the board of the Vijaya Bank, the prestigious bank of the district, and its merger with the Bank of Baroda would be the black day for the Dakshina Kannada district.
Speaking to reporters here on Thursday, Rai said that the decision would also become a black day for the intentions of Vijaya Bank’s founder Sundar Rama. The people from the district and Vijaya Bank employees have already opposed the central government’s move. In future, protest would be staged against the decision of the central government, Rai 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.
