INDIA AND BRICS | WHY BRICS IS IMPORTANT FOR INDIA?

#IndiaAndBRICS | WHY BRICS IS IMPORTANT FOR INDIA

#BRICS is the acronym coined for an association of five major emerging national economies: Brazil, Russia, India, China and South Africa. Originally the first four were grouped as "BRIC" (or "the BRICs"), before the induction of South Africa in 2010. The #BRICSmembers are known for their significant influence on regional affairs; all are members of G20. Since 2009, the BRICS nations have met annually at formal summits
Importance of BRICS for India This has made difficult for India to carve a middle path for balancing its strategic interests between the U.S and the Russia-China axis. Therefore, BRICS platform provides an opportunity for India to balance Russia-China axis.

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