Modi proposes 10-point initiative for BRICS nations

Pitching for closer cooperation and coordination among BRICS nations, Prime Minister Narendra Modi on Thursday proposed a 10-point initiative that includes India hosting the first trade fair for the grouping and establishing research centres for railways and agriculture.

Calling it ‘Das Kadam: Ten Steps for the Future,’ Mr. Modi put forward new initiatives for the BRICS grouping that is formed by major emerging economies.

Accent on consensus

At the plenary session, the Prime Minister said that “the challenges that the world is faced with are for every country. It’s important to have consensus, collaboration and cooperation between all major nations.” The proposed initiatives for the BRICS include a trade fair, a Railway Research Centre, cooperation among supreme audit institutions, a Digital Initiative and an Agricultural Research Centre. — PTI