August 12, 2026 6:45 PM
BRICS nations need stronger frameworks to mobilise private capital at scale: FM Sitharaman
BRICS economies, despite being major engines of global growth, face common structural challenges in mobilising private capital at scale, Union Finance Minister Nirmala Sitharaman said on Wednesday, calling for stronger, stable and predictable frameworks to encourage sustained private investment. FM Sitharaman made the remarks while delivering the keynote address at a seminar on “The Role of the New Development Bank in Mobilising Private Capital in Member Countries”, held on the sidelines of...