How can India both be seen as poor but also be the part of the BRICS?

It has been mentioned that the economy of India holds some of the bad economic ideas in some of the previous decades, as well as, the phenomenon of  BRICS has been specifically taken to be handful in developing economies which has been included in India. In this regard it has been observed that BRICS countries serve with the source of creative ideas for the development and progress in major areas of TB and MDR TB control. In this regard, India has been chosen for most of the reasons mainly that it has attained independence at first. It holds the most important democratic system in the country, as well as, India has been facing many challenges, which are related with their health care system and socio-economic status. The country has been facing poverty at large level. Therefore, India should have to be involved as one of the members of BRICS along with various countries. The other sectors of economic stress have been taken as the balance of payments. The currency of India is already baggy by almost a fifth in the last year. Rather than this India, which privations a increased export manufacturing other than knowledge, and has been determine to be complex to incline up manufacture of corporeal goods rapidly and is improbable to view a unexpected bounce in spreads as an outcome (Hauss)

It is quite interesting to see that a developing country India has been part of the BRICS, whereas its other member countries are rich and developed as compared to India. But the thing which makes India unique in so many ways is that they are one of the diversified cultures in the world. There is so much to talk about India, like their culture and traditions, as well as, having the essence of cheap labor. It is easier for foreign companies to invest in India because the costs for operations are very less as compared to the developed world. Moreover, India has great manpower due to its huge population. They are behind China in this regard, being the second most populated country in the world. So, they don’t have any issues regarding manpower, and the good thing is labor is cheap. The economy of India is also showing better signals as compared to many other developing countries. So, the developed world is very much aware of the great potential of India, to be one of the leading economies of the world in the Future. That’s why they have been able to get their place in BRICS, which may not be possible for many other developing countries. If India will continue to make progress in its economy, then they surely will be one of the better economies of the world (Nayyar)