Belagavi, June 13 (KNN) Industrialists in Belagavi city of Karnataka have threatened to migrate to Maharashtra if the government does not roll back the recent hike in power rates.

Members of the Forum of Association of Belagavi District told the media on Monday that the functioning of their factories has been seriously affected by the hike in power rates.

They also warned that they may be constrained to shift their industries to Maharashtra where the government has subsidised power rates and is providing other facilities conducive to industrial development.

Belagavi Chamber of Commerce and Industries president Hemendra Porwal said, “ The hike in power rate is unfair, arbitrary and unnecessary. This has affected industries, trade and even ordinary families across the State.”

“We are hereby urging the government to withdraw the hike. All trade and industry bodies in the State have decided to protest against this,” he said.

The industry bodies have agreed to jointly stage a protest at Rani Channamma Circle in Belagavi today against the hike.   ((KNN Bureau)