Trade unions strike enters second day: Protest in Udupi
Udupi, Jan 09: The JCTU Udupi district committee lead several protests in Udupi as the the nationwide strike called by various trade unions continued for the second day on Wednesday.
Workers took out a massive procession from the Udupi service bus stand, which reached the Canara Bank's branch office premises after passing through the court road, masjid road, post office, KM Marg, and Diana Circle.
Addressing the protesters, CITU district vice-president Balakrishna Shetty, said that it was Canara Bank would surely lose its identity if Narendra Modi contiunes as prime minister for next term. "Already, in-profit Vijaya Bank has been merged with under-loss banks. A conspiracy of privatization is working behind this," he 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.
