India is the second largest contributor to peacekeeping missions.
JOHANNES EISELE via Getty Images
Marginalizing civil society and public opinion can have disastrous consequences. For BRICS to succeed and be true to its promise of providing an alternative to the current world order based on the primacy of the West, it needs to engage with all stakeholders and promote transparency. India can use its position as BRICS chair this year to do just that.
As China looks for investment opportunities abroad, and India seeks funding for its infrastructure, the newly founded Asian Infrastructure Investment Bank (AIIB) creates a win-win proposition for both countries. With its disposable capital, China is likely to contribute $50 billion of the $100 billion of the AIIB thus placing it in a position to address the huge infrastructure needs of India and its neighbourhood. That said, a key question remains: how will India and China manage their bilateral issues on a multilateral platform like the AIIB?