BRICS Youth Entrepreneurship Working Group Meeting Concludes in Indore under India's BRICS Chairship

📌 Summary:

• The BRICS Youth Entrepreneurship Working Group Meeting concluded in Indore, Madhya Pradesh, after two days of discussions, under India's BRICS Chairship 2026
• It was organised by the Department of Youth Affairs, Ministry of Youth Affairs and Sports
• Attendees included Union Minister Mansukh Mandaviya (virtually), MoS Raksha Nikhil Khadse, Madhya Pradesh Sports Minister Vishvas Sarang, and senior officials and delegates from BRICS countries
• Officials stressed that entrepreneurship is a right for every young person regardless of geography, gender or background, and that shared challenges — access to capital, digital infrastructure, mentorship and regulatory support — require collaborative solutions
• A dedicated session, "From Local Innovation to Global Impact", enabled countries to present startup-development initiatives and best practices
• Thematic panels covered digital and technology-driven entrepreneurship, inclusive and social entrepreneurship, and green/climate-positive business models — exploring opportunities in AI, fintech, agritech, sustainability and clean energy
• A workshop on Entrepreneurship Competency and Leadership Development was also held

🎯 UPSC Relevance: GS2 (International Relations — BRICS cooperation) and GS3 (economy — entrepreneurship, startups, inclusive growth). It reflects India's use of its BRICS Chairship to advance youth-led economic cooperation.

📝 Prelims Facts:

• India holds the BRICS Chairship for 2026
• The meeting was held in Indore, Madhya Pradesh
• Organising body: Department of Youth Affairs, Ministry of Youth Affairs and Sports
• Union Minister of Youth Affairs and Sports: Mansukh Mandaviya

🔑 Key Term: Social Entrepreneurship — enterprise that pursues a social or environmental mission alongside financial sustainability, addressing problems such as inclusion and climate impact.