Nirmala Sitharaman calls on multilateral banks to lay BRICS for private infra investment

Finance Minister Nirmala Sitharaman emphasized the challenges faced by BRICS nations in mobilizing private capital. She urged multilateral institutions to draw investors into infrastructure projects, as India needs ample private investments alongside its public capital. A substantial pipeline of infrastructure projects is being cultivated through public-private partnerships, allowing the group to target resilient and sustainable growth through meaningful cooperation outcomes.