Mangaluru, September 9: Former union finance minister and senior Congress leader Janardhana Poojary said that Prime Minister Narendra Modi should take steps to slash fuel prices which were sky-rocketed due to illegal storage of petroleum products in the country.

Speaking to reporters here on Sunday, Poojary said that those who store petrol and diesel illegally should be jailed. If the government took such a step, then the price would be automatically reduced, he said.

The Congress which has given bandh call should handle its impact. The Supreme Court has already made it clear that those who call for bandh should bear the loss caused due to bandh. It was very easy for both the Congress and BJP to give bandh calls. But who would compensate the loss worth thousands of crores revenue? If a case was filed against it, no one could escape from it, he said.

When he was the Union Finance Minister, he had tried to minimize the central excise duty. But later, he understood that it was his mistake. It was not right to slash the cess of the state on fuel, he said.

‘Ready to contest if ticket is given’

If the Congress high command assured him the ticket for the forthcoming Lok Sabha election, he would contest the poll. He might contest the election or might not, Poojary said.



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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.