India advances BRICS MSME cooperation under its 2026 Chairship
On 8 May 2026 the MSME Ministry said that, as BRICS Chair in 2026, India will convene three SME Working Group meetings and the inaugural BRICS MSME Forum under the BRICS Partnership on the New Industrial Revolution (PartNIR), the first meeting having focused on access to finance.
Summary
India, as Chair of BRICS in 2026, is leading MSME cooperation under the BRICS Partnership on the New Industrial Revolution (PartNIR), the Ministry of MSME said on 8 May 2026. During the Chairship the Ministry will convene three SME Working Group meetings and the inaugural BRICS MSME Forum. The first SME Working Group meeting, held as a webinar on 24 April 2026, focused on 'Access to Finance for MSMEs', with sessions on bridging the MSME credit gap through financial inclusion and on fintech-driven ecosystems for SME credit and trade payments.
Key facts
- Chair
- India — BRICS Chairship 2026
- Framework
- BRICS Partnership on the New Industrial Revolution (PartNIR)
- Plan
- Three SME Working Group meetings + inaugural BRICS MSME Forum
- 1st meeting
- 24 April 2026 (webinar): 'Access to Finance for MSMEs'
Practice MCQs 2 questions
Under which BRICS framework is India advancing MSME cooperation during its 2026 Chairship?
Show answer
Correct answer: B — BRICS Partnership on the New Industrial Revolution (PartNIR)
India is advancing MSME cooperation under the BRICS Partnership on the New Industrial Revolution (PartNIR).
What was the focus of the first BRICS SME Working Group meeting held as a webinar on 24 April 2026 under India's Chairship?
Show answer
Correct answer: C — Access to Finance for MSMEs
The first SME Working Group meeting focused on 'Access to Finance for MSMEs'.