There is no better principle than theory of cooperative: Dr. Veerendra Heggade
'Sahakari Bhushana' award for Dr. M.N. Rajendra Kumar
Mangaluru, Jan 19: There is no better principle than the theory of cooperative. Even a person with bad deeds can engage in social affairs and make achievements only through cooperative theory, opined Dharmasthala's Dharmadhikari Dr. D. Veerendra Heggade.
He was delivering presidential address at a programme organised to celebrate the silver jubilee of Dr M N Rajendra Kumar as the successful president of the South Canara District Central Co-Operative Bank ltd (SCDCC) and the convention of Navodaya self-help groups, at Nehru Maidan here.
Minister of State for Chemicals, Fertilizer DV Sadananda Gowda, Minister of State for Cooperation Bandeppa Kasempur, Urban Development Minister UT Khader, Vice Chairman of the Legislative Council, SL Dharmegowda, MP Nalin Kumar Kateel, MLC SL. Bhojegowda, K. Harish Kumar, Former Minister Ramanath Rai, Campco President SR Satishchandra and others participated as guests.
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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.
