India’s goals at the BRICS bank

Recent official discussions on the Brazil, Russia, India, China, South Africa or BRICS Development Bank (BDB) have revolved round the location of its headquarters and its voting and governance structure. In India, there has been very little public policy discussion around the strategic imperatives that should inform India’s position on these issues. At the political level, too, engagement on the issue of mandate has been very limited in all BRICS countries.

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