BRICS nations have significant opportunity to bridge inequities through a coordinated effort as they are not yet in the top 20 countries in the global innovation index, Union Minister of State for Telecom Manoj Sinha said here on Thursday.
“The BRICS countries are not yet in the top 20 countries in Global innovation index. We are not in the top 40 club of ICT development index and top 25 of competition index either. And herein lies a significant opportunity to bridge inequities through our coordinated effort,” he said. Sinha was speaking at the inauguration of second meeting of BRICS communication ministers here.
Sinha said BRICS countries were fortunate to have a favourable demographic dividend, a large pool of cost effective professional services and a large domestic demand and believed that the situation is ‘ripe and fertile’ for effective collaboration among BRICS. The MoS said the collective force of the BRICS members is a matter of pride and 2.8 billion people accounting over 43 per cent of world population is their strength.