KCCI Strongly Opposes percent Power Tariff Hike, Demands Immediate Rollback
Jammu, Aug. 23 -- Share Tweet Share Srinagar, Aug 23 (KNS) : The Kashmir Chamber of Commerce and Industry (KCCI) has expressed serious concern and strong resentment over the recently announced 6.83 per cent hike in power tariffs by the Joint Electricity Regulatory Commission (JERC), terming the decision insensitive and ill-timed given the prevailing economic situation in Jammu and Kashmir. In a statement, the Chamber said the economy of Jammu and Kashmir is already passing through a challenging phase, with businesses across sectors facing weak demand, rising operational costs and an uncertain economic environment. At a time when households , businesses and industry require relief and support for economic recovery, increasing electricity t...
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