Birla Said "Growth Era Loading…" and BRICS Hit the Like Button

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Lok Sabha Speaker Om Birla reinforced India's commitment to economic stability in the world at the 11th BRICS Parliamentary Forum in Brasilia. In his speech, he highlighted India's outstanding growth path and its contribution to a just and rule-based trading world system.

Strengthening Global Trade: India's Vision
Birla stressed that there is an absolute need for an equal international trade structure that truly articulates the aspirations of the Global South.

He underscored the combined economic weight of BRICS as 45 percent of the global population and 40 percent contribution to global GDP.

India promotes increased trade, investment, and financial cooperation between BRICS member states to spur sustainable growth.

India's Growth Story: A Model of Stability
India has beaten the global growth average consistently, posting a consistent GDP growth of seven percent since 2014, amid global uncertainties.

Birla attributed India's stable leadership, robust institutions, and clear-cut policies with building investor confidence.

He reaffirmed India's resolve in inclusive economic reforms that empower businesses as well as communities.

Meeting Global Challenges: A Collective Strategy
Birla emphasized the disproportionate burden of global crises on developing countries, especially in health, food security, and energy stability.

He called upon BRICS nations to join hands to demand more representation in international institutions towards making global development more equitable.

The forum offered a stage for debates about fighting terrorism, with India calling for a collective international front against security threats.

The Road Ahead: Joint Economic Progress
India sees the BRICS Parliamentary Forum as a vital forum for formulating new economic policies through cooperation and dialogue.

Birla's interactions with Brazilian leaders reaffirmed India's interest in deepening diplomatic and trade ties.

The forum discussions are likely to play a role in shaping future directions in policy, with increased cooperation among BRICS countries.

Sources: The Hans India, India Tribune, NewKerala, MSN, UNI India.