India, US, Japan, Australia reiterate call for free, prosperous Indo-Pacific
New Delhi, June 7: The quad comprising India, the US, Japan and Australia met in Singapore on Thursday and reiterated their call for a free and prosperous Indo-Pacific and to promote a rules-based order in the region.
According to an External Affairs Ministry statement here, foreign ministry officials of the four countries met on the sidelines of Association of Southeast Asian Nations (Asean) Senior Officials Meeting in the southeast Asian city state.
It said the four nations considered ways to pursue shared objectives in the areas of connectivity and development, regional security, including counter-terrorism and non-proliferation, humanitarian assistance, disaster relief and maritime cooperation.
The Indian side, which was represented at the Joint Secretary-level, highlighted India's vision for the Indo-Pacific Region as outlined in Prime Minister Narendra Modi's keynote address at the Shangri-La Dialogue in Singapore earlier this month.
In his speech on June 1, Modi said that India's vision for the Indo-Pacific region is that of a free, open and inclusive region that embraces all in a common pursuit of progress and prosperity.
"India does not see the Indo-Pacific region as a strategy or as a club of limited members," Modi said while delivering the keynote address at the Shangri-La Dialogue, the Track I annual inter-governmental security forum organised by the International Institute of Strategic Studies (IISS) think tank.
According to the External Affairs Ministry statement, in Thursday's meeting of the quad that was revived on the sidelines of the Asean Summit in the Philippines in November last year, the participants reaffirmed their support for a free, open, prosperous and inclusive Indo-Pacific region.
"They also confirmed their common commitment, based on shared values and principles, to promote a rules-based order in the Indo-Pacific," the statement said.
"The participants reaffirmed their strong support for Asean centrality and Asean-led mechanisms in the regional architecture for the Indo-Pacific," it stated.
"They agreed to partner with all countries and institutions in the region to promote the shared vision of a peaceful, secure and prosperous Indo-Pacific, including through such plurilateral formats."
The quad's views reflect New Delhi's stand that the 10-nation Asean regional bloc is central to peace and prosperity of the Indo-Pacific region.
The idea is for the four countries to promote free trade and defence cooperation across a stretch of ocean from the South China Sea, the Indian Ocean and all the way to Africa.
The emerging quadrilateral is seen to counter China's aggressive maritime expansion under its Belt and Road Initiative. China's plans would cement a sphere of influence for Beijing well beyond Asia.
During French President Emmanuel Macron's visit to India in March this year, both sides announced a broadbasing of their ties through a joint strategic vision for cooperation in the region that agreed on the need to establish an open, inclusive and transparent cooperation architecture for peace, security and prosperity there.
Though France is not against the quad of India, the US, Japan and Australia, Paris would rather like to work with New Delhi bilaterally in the Indian Ocean Region given that there are around two million French citizens in its territories in the region.
Thursday's meeting in Singapore came ahead of Modi's bilateral summit with Chinese President Xi Jinping in Qingdao, China, on June 9 on the margins of this year's Shanghai Cooperation Organisation (SCO) Summit.
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Power tariffs under BESCOM to rise from May 1
Bengaluru (PTI): Power bills for consumers under the Bangalore Electricity Supply Company Limited (BESCOM) will go up from May 1, following an order issued by the Karnataka Electricity Regulatory Commission (KERC) on Friday.
The hike comes after KERC allowed the BESCOM to recover a revenue deficit of Rs 2,068 crore incurred in 2024-25, from the consumers.
As a result, for every unit of electricity consumed in 2024-25, the customers will be charged an additional 56 paise, it said.
"BESCOM shall calculate, for each of the active consumers of FY2024-25 the amount to be recovered based on their actual energy consumption during FY2024-25. Such amount shall be recovered during FY 2026-27 in equal monthly instalments, to be called as 'FY25 True up Charges', commencing from the first meter reading date falling on or after 1 May 2026 and concluding with the reading date ending on 30 April 2027," the order said.
"It is further ordered that BESCOM shall maintain a separate head of account, allocated for the purpose, to record the adjustment of the said amount to ensure full recovery of the deficit," it added.
Similarly Chamundeshwari Electricity Supply Corporation Limited (CESC) has also recorded a revenue deficit of Rs 121.71 crore and can collect an additional 15 paisa per unit for consumption in 2024-25, official sources said.
