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Amidst lockdown losses, Karnataka s power tariff hike unwarranted, say trade & industry

Help us pay salaries, Kassia urges Nirmala Sitharaman

Help us pay salaries, Kassia urges Nirmala Sitharaman Updated: Updated: Share Article AAA The Karnataka Small Scale Industries Association (Kassia) has urged the Union government to provide direct financial grants to small and medium enterprises (SMEs) by paying 50% of the salaries of these units at least for the next three months. “This will not only help keep these units and their employees alive but will also stimulate the economy in multiple ways,” the industry body wrote to Union Finance Minister Nirmala Sitharaman. In the absence of a quick and targeted one-time cash infusion into the sector, some 25 to 30 per cent of the SMEs in Karnataka employing lakhs of people may completely go out of business, it cautioned.

Night curfew in Karnataka should not hinder industries: Kassia

Night curfew in Karnataka should not hinder industries: Kassia
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Power use often becomes theft, puts industrial units in trouble

Power use often becomes theft, puts industrial units in trouble SECTIONS Share Synopsis A Bescom official admitted the utility has received several complaints on this, but has not been able to do much as section 135 of the Electricity Act, 2003 is worded that way. The vigilance teams invoke this section as it can inflict maximum damage, but it throws a well-run industrial unit off the gear for weeks or months. Agencies Sections of small-scale industries have complained to the government about “harassment” they often face from Bangalore Electricity Supply Company’s (Bescom) vigilance teams, who seek to criminalise use of electricity under a wrong tariff category.

Kassia opposes Bescom s tariff hike request - The Hindu BusinessLine

Kassia opposes Bescom’s tariff hike request February 15, 2021 Urges govt to entrust Bescom to public/private management Karnataka Small Scale Industries Association (Kassia) has opposed the Bangalore Electricity Supply Company’s (Bescom) request to hike tariff by 139 paise per unit for all category of consumers, before the Karnataka Electricity Regulatory Commission (KERC). “There is considerable scope for reduction in costs and improving efficiencies to set off the proposed additional expenditure by Bescom. Therefore the present tariff revision petition should be rejected,” Kassia argued before the KERC. “In order to improve the efficiency of Bescom, the Commission may order it to call for competitive tariff bidding and the management of Bescom may be entrusted to a public/private lowest tariff bidder,” it added.

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