As there has been no positive response from the State government on their demand for reconsideration of the decision on power tariff hike, Karnataka Chamber of Commerce and Industry (KCCI), along with various district chambers of commerce is going ahead with its call for the ‘Trade and Industry bandh’ on Thursday.
KCCI and other trade bodies had set a week’s deadline for the State government to reconsider the decision on the hike in power tariff. They had highlighted their problems and said that such an exorbitant hike would deliver a deadly blow on the various industries especially those trade and industry bodies that are smaller in nature.
Several district Chambers of Commerce including Gadag, Vijayapura, Mysuru, Davanagere, Ballari and other trade and industry bodies from various districts have extended their support to the ‘Karnataka Bandh’ In all, 25 district chambers of commerce have expressed their solidarity with KCCI in its fight against what it terms as indiscriminate power hike.