Karnataka s MSMEs have petitioned the government for a policy similar to the Central policy, requesting concessions, reservation, exemption, and priority payments. HR Jairam from BCIC supports this, while Srinadh Bhandari from KASSIA highlights delayed payments from banks in the cash-strapped sector.
(MENAFN - KNN India)
Karnataka MSMEs express dissatisfaction over power tariff hike Mysuru, Feb 18 (KNN) Micro, Small and Medium Enterprises (MSME) in Karnatka have expressed their dissatisfaction over the Chamundeshwari Electricity Supply Corporation (CESC) appeal of increasing power tariff.
At a public hearing organised by the KERC at the Court Hall of the Deputy Commissioner s (DC) Office on Wednesday morning, along with Mysuru Industries Association (MIA) representatives of various bodies including Mysore Chamber of Commerce and Industry (MCCI), Mysore Industries Association (MIA), KIADB Industrial Area Manufacturers Association (KIAMA), Hebbal Industrial Estate Manufacturers Association (HIEMA) and domestic consumers sought the dismissal of the CESC petition that seeks a hike of 130.9 paise (Rs. 1.30) per unit across categories.
(MENAFN - KNN India)
Karnataka MSMEs object to proposed hike in tariff by KERC Bengaluru, Feb 16 (KNN) Karnataka Small Scale Industries Association (KASSIA) has opposed the move by the Bangalore Electricity Supply Company (BESCOM), which proposed a hike in tariff for the upcoming financial year, at the public hearing organised by the Karnataka Electricity Regulatory Commission (KERC).
BESCOM has stated that the Gap for FY 22 is Rs 3556.64 crores and hence has requested the Commission to hike the tariff by 139 paise per unit for all category of consumers.
Objecting the move, KASSIA on Monday, said the proposed revision would come within five months, ending up discouraging industries, and sought the KERC to continue the existing tariff for another year.