Exim Bank of India BRICS Economic Research Award
Presentation of Exim Bank of India’s BRICS Economic Research Award 2019 by Mr. Gustavo Montezano, President of Brazilian National Bank for Economic and Social Development (BNDES), to the Award winner, Dr. Tushar Bharati in the presence of Dr. José Pio Borges, Chairman of the Board of Trustees of Brazilian Center for International Relations (CEBRI) and Mr. David Rasquinha, Managing Director, Export-Import Bank of India (Exim Bank), during the 9th Annual BRICS Financial Forum hosted by BNDES together with CEBRI, in Rio de Janeiro, Brazil on November 12, 2019.
Background of the Award
Exim Bank is the nominated member development bank under the BRICS Interbank Cooperation Mechanism, along with other nominated member development banks from member nations of BRICS namely the Brazilian Development Bank (BNDES), Brazil; the State Development Corporation (VEB.RF), Russia; China Development Bank Corporation (CDB), China, and Development Bank of Southern Africa (DBSA), South Africa. In the context of India’s Chairmanship of the BRICS Forum during 2016, and under Exim Bank’s Presidency of the BRICS Interbank Cooperation Mechanism, Exim Bank instituted the BRICS Economic Research Award in March 2016. The BRICS Economic Research Award represents Exim Bank’s on-going efforts at promoting research in the area of international economics, trade, development and related financing.
The objective of the Award is to stimulate and encourage advanced doctoral research on Economics and related topics of contemporary relevance to the member nations of BRICS. The Award comprises prize money of Indian Rupees 1.5 million (approximately USD 22,000) sponsored by Exim Bank, a medal and a citation. Doctoral thesis of nationals of any of the five member nations of BRICS, i.e. Brazil, Russia, India, China and South Africa, who have been awarded a Doctorate or accepted for the Award of a Doctorate from any recognized nationally accredited University or academic institution globally, are eligible to participate and receive the Award.