BRICS Demands Overhaul of Global Economic System for Fairer World Order
BRICS nations, fresh from their 18th Summit in New Delhi, have forcefully reiterated their demand for a dramatic reshaping of global economic governance institutions like the International Monetary Fund (IMF) and the World Bank. The powerful bloc of 11 emerging economies, now representing nearly half the world's population, insists these post-World War II structures must evolve to reflect today's economic realities and give a much stronger voice to developing nations. India, as the current BRICS Chair, spearheaded this push, with Prime Minister Narendra Modi urging the 'Global South' to become 'rule-shapers' instead of merely 'rule-takers'.













