PRESS NOTE : Reaction of FKCCI on Karnataka Bandh

FKCCI is happy to state that today’s Karnataka Bandh has been peaceful and 70% of Trade, Industry across Karnataka have supported the bandh successfully. In this connection FKCCI whole heartedly supported the cause. It is to be noted that the loss to the Government exchequer is around Rs.400 Crores by way of taxes. However, we are ready to sacrifice any loss for the worthy cause of safeguarding of our States interest. We all need to conserve water and use it judiciously during this period. FKCCI requests both the State Governments of Karnataka & Tamil Nadu to have a dialogue to settle the Cauvery Water crises.

Ramesh Chandra Lahoti

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