Prime minister Narendra Modi leaves for South Africa to attend BRICS summit. Let's know what is BRICS. The bloc was founded as an informal club in 2009 to provide a platform for its members to challenge a world order dominated by the united states and its western allies. Its creation was initiated by Russia. The founding members are Brazil, Russia, India and China. South Africa, the smallest member in terms of economic clout and population was the first beneficiary of an expansion of the bloc in 2010, when the grouping became known as BRICS. Together the countries account for more than 40% of the world population and a quarter of the global economy.
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