I am not money bag of JD(S), says BM Farooq who owns assets worth Rs 778 crore

Mangaluru: In a significant development, Mescom has proposed a phased electricity tariff hike starting with Rs 0.70 per unit for the fiscal year 2025-26. The proposal has been submitted to the Karnataka Electricity Regulatory Commission (KERC) for approval, signaling a potential increase in electricity costs for consumers.

Mescom emphasized that the current tariff structure is insufficient to meet operational expenses and manage revenue effectively. To address this, the company has invited public objections to the proposed hike.

Currently, the electricity supply cost is Rs 9.23 per unit, while the consumer tariff stands at Rs 8.53 per unit, leading to a shortfall of Rs 0.70 per unit. For the financial year 2023-24, Mescom reported revenue of Rs 5,924.73 crore against an expenditure of Rs 6,310.39 crore, resulting in a deficit of Rs 367.66 crore. For the 2025-26 fiscal year, projected revenue is Rs 5,850.81 crore, with an actual requirement of Rs 5,961.63 crore, creating a deficit of Rs 110.82 crore.

In a first, Mescom has submitted a multi-year tariff revision proposal to KERC. The plan outlines a hike of Rs 0.70 per unit for 2025-26, followed by Rs 0.37 per unit for 2026-27 and Rs 0.54 per unit for 2027-28.

"An increase in electricity tariff is inevitable," stated Jayakumar R, Managing Director of Mescom. "Mescom has submitted a proposal in this regard to KERC."

Mangaluru: A tragic road accident claimed the life of a young medical store owner on Monday, January 6, near Tiblapadavu, Natekallu, located on the outskirts of the city.

The victim, identified as 25-year-old Ausaf, was the proprietor of Hajira Medicals and the son of Jaleel, a resident of Derlakatte. 

The unfortunate incident unfolded as Ausaf was riding his bike from Derlakatte toward Tiblapadavu. Upon approaching a divider near Tiblapadavu, a lorry made a sudden turn, resulting in a collision between the motorbike and the rear of the lorry. Ausaf succumbed to his injuries on the spot.

Having completed his education a few years ago, Ausaf had taken up the responsibility of managing Hajira Medicals at Derlakatte Junction. He was well-known in his community for his dedication and service.

Authorities at the Mangaluru South Traffic Police Station have registered a case, and CCTV footage capturing the incident is under review. The tragic loss has left the local community in shock, mourning the untimely demise of a promising young entrepreneur. 

Bengaluru, Jan 6: Most wanted Maoists operating in deep jungles of Western Ghats, hilly and coastal region of Karnataka have decided to lay down their arms and join the mainstream following the appeal by Chief Minister Siddaramaiah-led Karnataka Congress government.

According to sources, the Maoists have taken the decision following the encounter of Vikram Gowda and the continuous combing operations in the Western Ghat region by the Anti-Naxal Force (ANF) and the Karnataka Police.

Sources said that top leaders Mundagaru Latha who leads the Tunga Naxal Wing in the state; Sundari, Vanajakshi, Jeesha, the most wanted Maoists of south India; K. Vasantha from Andhra Pradesh and Mareppa Aroli have decided to surrender and lay down their arms.

Maoist leader Sundari’s brother Anand, who was also a Naxal and returned to the mainstream, stated, “They will welcome her home if she decides to lay down arms. Let her and associates stop the struggle and live like common people. It’s 17 years since she had gone away from home. We will be happy if she comes back to us.”

“Sundari, surrender before the government and come back home,” he appealed in Kutlur of Mangaluru district.

The surrender procedure will happen in two to three days, sources confirmed.

The sources also revealed that the Maoists had written a letter in this regard to the Citizen’s Forum, a progressive organisation and the members of the forum have discussed the matter already with Chief Minister Siddaramaiah.

CM Siddaramaiah welcomed the proposal and gave the green signal for authorities to start the surrender procedures.

The Maoists have demanded that the surrender process should take place in a dignified manner and that their self-respect should not be harmed. They have also demanded that they should not be prevented from exercising their rights under a democratic system.

The Maoists have also demanded that they should not be made to languish in prisons. The 'false' cases against them should be closed and cooperation has to be extended for them after surrender to obtain bail. It has also been demanded that all cases must be brought under one court and trial has to be expedited.

They have also demanded financial support from the government to shape their lives. The package has to be applied to other surrendered Maoists who are presently in prison. They have also sought clarification on whether Karnataka, Tamil Nadu and Kerala states will take one stand on the matter.

The Maoists have also demanded a judicial investigation of the Vikram Gowda encounter.