BRICS Countries in Current Economic Scenario

Abstract

In contemporary economic scenario the regional trade agreements have gathered enormous importance to sail the global economics to opulence. India has been putting in practice so many bilateral and multilateral agreements to trace out the market share in nearby region and throughout the geography. In this connotation, BRICS has been recognized as one of the most important associations for the purpose of mutual economic cooperation not just limited to economic development but extending to political and cultural harmony and development too. Keeping the significance in mind, the research article aims at examining the probable differences caused by its existence in the diversified sector of BRICS economy. For the purpose, demographic traits, industrial overviews, and agricultural overviews have been taken into consideration.