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BRICS-BIMSTEC
The employability of Indian graduates increased significantly from 33.95 per cent in 2013 to 54.81 per cent in 2024, Union Sports and Youth Affairs Minister Mansukh Mandaviya said on Saturday. He attributed the improved employability to various skill-building initiatives undertaken by the government amid growing demand for skilled professionals across the globe. Mandaviya inaugurated the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Youth Summit in Gandhinagar. He said BIMSTEC countries present an opportunity for collective growth and development given that more than 60 per cent of their population is below 35 years and that India is committed to playing a leading role by offering its expertise, resources, and vision. "India has taken various initiatives to bridge the skill gap amid a rise in the global demand for skilled professionals, with over 1.5 crore youth trained in AI, robotics and digital technologies and equipped with ...
Indonesia has been admitted as a full member of the BRICS bloc of developing economies, the group's presiding country Brazil announced Monday. Indonesia's candidacy was endorsed by BRICS leaders in August 2023, according to the foreign ministry of Brazil, which holds the group's presidency for 2024. However, the world's fourth-most populous nation opted to formally join the bloc only after the formation of its newly elected government last year. The Brazilian government welcomes Indonesia's entry into the BRICS, the government said in a statement. With the largest population and economy in Southeast Asia, Indonesia shares with other members a commitment to reforming global governance institutions and contributes positively to deepening South-South cooperation. BRICS was formed by Brazil, Russia, India and China in 2009, and added South Africa in 2010. Last year, the alliance expanded to embrace Iran, Egypt, Ethiopia and the United Arab Emirates. Saudia Arabia has been invited to joi