New Delhi: Ahead of the BRICS summit, India on Monday said the grouping of fastest-growing emerging economies can collectively make a difference to the way the world functions.
"It is the fact that each one of us individually and even more so collectively can make a difference to the way the world functions," Sudhir Vyas, Secretary (Economic Relations) in the Ministry of External Affairs, said here.
He also unveiled the logo, symbolising renewal and resurgence, for the first-ever BRICS summit being hosted by India here on March 29.
The BRICS summit logo blended a symbolic representation of a peacock, with colours suggesting renewal and resurgence that reflected the spirit of the group.
Vyas handed over a cheque of Rs 50,000 to Sonesh Jain, a student of Architecture from IIT Roorkee, who sent the award-winning entry in the BRICS Logo Design Competition.
The logo is going to be a lasting memory of the summit, said Vyas after presenting the award to Gwalior-based Jain.
He said the five countries -- Brazil, Russia, India, China and South Africa -- have one unified factor that "each one of us individually and even more so collectively can make a difference to the way the world functions."
Meanwhile, more than 50 scholars from the five BRICS countries gathered here for the 4th BRICS Academic Forum meeting hosted by Observer Research Foundation, a New Delhi-based public policy think-tank.
The forum is expected to generate ideas and proposals that will be considered by the leaders of the five countries at the fourth BRICS summit here March 29.