India’s Role in BRICS: With Reference to Prime Minister Modi (2014-2016)
Journal Title: Review Journal of Political Philosophy - Year 2017, Vol 0, Issue 2
Abstract
BRICS is an association of the five developing industrializes countries like Brazil, Russia, India, China and South-Africa. These five members are also the members of the G-20 and these five countries are representing over 3 billion people which are the 42 percent of the world population. Their combined Nominal GDP is 16.039 US$ trillion. BRICS depends on the basis of policy of non-inference, equality and mutual benefit. India’s participation in BRICS is started from the former Prime Minister Dr. Manmohan Singh. At present there are five members of the association. The member countries meet annually for the understanding of financial, economic and political matters of the concern countries. Initially BRICS was launched as an informal and diplomatic meeting amongst the foreign ministers of the BRICS and gradually it became as a powerful political and economic entity. The main areas of dialogue between the member countries include - Finance & Central Bank, Trade, Business Forum & Council, Financial Forum, Academic & Think Tanks Council, Health, Science & Technology, Security, Agriculture and Statistics.
Authors and Affiliations
Dr. Badal Sarkar
Keywords
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