ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Exim Bank of India announces details of BRICS Economic Research Award 2017


  • Applications invited from all eligible from BRICS nations
  • May 10, 2017 last date for receiving the applications
  • Prize money of ` 15 lakh to be awarded to the winner

Mumbai, April 12, 2017: Export-Import Bank of India (Exim Bank), has announced details for accepting applications for its BRICS Economic Research Award for 2017. This is the second annual research award being conferred by Exim Bank with a view to promote and encourage research which is relevant to the economies of BRICS countries. The applications can be downloaded from the website of Exim Bank ( and the last date for submitting the research paper is May 10, 2017.  

Research 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 who have submitted thesis for a Doctorate from any recognized nationally accredited University or academic institution globally, during the period January 2012 to March 2017, are eligible to participate and receive the Award.  All entries must be received by Exim Bank on or before May 10, 2017.  

The subject matter of the thesis can be research in international economics, trade, development and related financing. Issues of relevance to BRICS nations/ member development banks of BRICS such as those pertaining (but not limited) to international economics, foreign trade, development and related financing, foreign direct investments, joint ventures, international competitiveness, policies impacting trade and investment, monetary and fiscal interventions would be of interest. Credit would be given for originality, clarity of presentation and relevance to BRICS context.

 Within the BRICS framework, Exim Bank has taken a leadership role of promoting research on trade related areas concerning the BRICS economies. The Award comprises a Citation and prize money of ` 15 lakh (equivalent) (approximately USD 20,000) which is sponsored by Exim Bank. The objective of the Award is to stimulate and encourage advanced (doctoral) research on economics related topics of contemporary relevance to the member nations of BRICS.

 Commenting on the reasons for instituting the award, Mr David Rasquinha, Managing Director of Exim Bank said, “BRICS nations account for nearly half of the global population and are emerging as growth centres in the last few years. The economies of these countries stand to benefit from research which assist and accelerate this growth. Besides, the Award will act as a great motivator to undertake original research work in the fields of economics, international trade and allied fields.

 The first BRICS Economic Research Award was presented to Dr. Joao Prates Romero in October 2016 during the BRICS Summit held in Goa in India. “The response from research scholars during for the last edition of the Award was very encouraging and we urge more research scholars to take part for this year’s award,” Mr. Rasquinha added.  

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 Banco Nacional de Desenvolvimento Economico e Social (BNDES), Brazil; State Corporation Bank for Development and Foreign Economic Affairs (Vnesheconombank), Russia; China Development Bank Corporation (CDB), China, and Development Bank of Southern Africa (DBSA), South Africa.  

  • Exim Bank is also a signatory to the multilateral cooperation agreement signed among the member development banks of member nations of BRICS.
  • Exim Bank promotes India’s international trade and focuses on south-south cooperation.
  • The Award would serve to encourage scholars to undertake focused research studies on topics of contemporary relevance to BRICS. 

The Winner of the Award will be announced during the Annual BRICS Summit in September 2017.  

For more information: Nikhil Mansukhani, Adfactors PR, Mob: 09833552171, 09820531932

 Warm Regards,

Sagar Sawant
Transactions Group

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