India’s journey from seeking reforms to shaping global order

Source: ANI (Asian News International) | Original Published At: 2026-09-09 06:34:10 UTC

Key Points

• India is set to host the BRICS Summit with the theme 'Building for Resilience, Innovation, Cooperation and Sustainability'.
• India's earlier BRICS roles emphasized reforming international financial institutions and contributed to the creation of the New Development Bank and the Contingent Reserve Arrangement.
• During the pandemic, India promoted vaccine diplomacy and shared open-source digital health repositories with developing countries.
• BRICS Chamber of Commerce and Industry Chairman Sameep Shastri said India now brings scalable solutions in digital public infrastructure, UPI, financial inclusion, MSMEs, renewable energy and supply chain resilience.
• Shastri said BRICS can support exchange of technology and know-how through open, interoperable digital systems rather than proprietary platforms.
• He described the growing use of local currencies in BRICS trade as important, while emphasizing gradual currency diversification, payment interoperability, convertibility, transaction costs, regulatory clarity and financial stability.