%20(500%20%C3%97%20280%20px)%20(500%20x%20300%20px)%20(39).png "India participated in the 9th BRICS Industry Ministers Meeting in Brasilia")
Key Highlights:
a) BRICS Innovation Fund
b) Digital India Forum
c) BRICS Startup Knowledge Hub
d) South-South Business Accelerator
- Theme: “Strengthening Global South Cooperation for More Inclusive and Sustainable Governance.”
- Participants: Industry Ministers from Brazil, Russia, India, China, South Africa, and newly inducted members Egypt, Ethiopia, Iran, Indonesia, Saudi Arabia, and the UAE.
- Launched the BRICS Startup Knowledge Hub in January 2025, fostering cross-border collaboration.
- Highlighted the role of MSMEs, which employ over 25 crore people and contributed 45.73% of total exports in FY24.
- Showcased Digital India’s impact, with internet users rising from 251.59 million in 2014 to 954.40 million in March 2024.
- Joint Declaration: Reaffirmed commitment to open, fair, and resilient global economic cooperation.
Question:
Q.1 What initiative did India launch in January 2025 to promote startup collaboration within BRICS?a) BRICS Innovation Fund
b) Digital India Forum
c) BRICS Startup Knowledge Hub
d) South-South Business Accelerator
Answer: c) India launched this hub to facilitate cross-border startup collaboration among BRICS nations.
