business π BRICS summit debate: Tharoor vs. Chidambaram
Congress MP Shashi Tharoor defended India's BRICS presidency, highlighting its diplomatic value for the Global South. Former finance minister P Chidambaram, however, questioned if recent summits yielded any tangible benefits for India. Tharoor noted the 11 BRICS nations represent a majority of the world's population and 41% of global GDP. He argued diplomacy offers broader benefits beyond immediate measurable outcomes, citing the New Development Bank. The 18th BRICS Summit is set for September 12-13 at Bharat Mandapam in New Delhi. π