July 15, 2014

After BRICS Bank, Lets have BRICS Tel

The BRICS Development bank, an idea which was conceived in Delhi in 2012 and approved in Durban last year, is to be set up with an initial corpus of $50 billion, with scope for expansion up to $100 billion.

I think now India must propose BRICS Tel, making communication cheap between Brics nations by forming a telecom consortium. People in BRICS nations should be able to have cheaper communication when we expect a greater trade.

I request policy makers in India to come up with a plan and propose this to BRICS nations.

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