An Aadhaar-like unique identification number for individuals and company across BRICS nation has been suggested by India, to tackle terrorism and strengthen the counter-terrorism measures in the BRICS nations, The Economics Times said in a report.

A two-day meet held on April 18 in South Africa, was attended by a seven-member team comprising senior officials from the Union ministries of home and external affairs, the National Security Guard and the Enforcement Directorate, along with the BRICS nations' joint working group, the report said.

The main agenda was to strengthen strategy for counter terrorism and tackle terrorism financing, the report said. A sub-group on terrorism financing was subsequently formed, the report added.

Prime Minister Narendra Modi is likely to attend the BRICS meeting in July.

“Earlier, it was a request-based alert. So during the course of investigation, if we found any foreign transaction happening, we raised a request to get details from the country concerned. This process consumes a lot of time,” a senior official said, as reported by The Economics Times.

A real-time alert for suspicious transactions involving of the BRICS nations has been proposed by the Indian officials, along with a uniform format of recording and reporting transactions of banks, helping investigators fast-tracking any terrorism financing case, the report said.

“Most of the times, investigators are clueless about foreign transactions. So if we raise an alert immediately and provide the relevant information to the country it concerns, we can have an effective investigation conducted on terror financing that involves several countries,” the report said, quoting an official.

Recently, investigators had stumbled upon information leading to an economic fraud in Bangladesh leading to Jamaat-ul-Mujahideen, Bangladesh (JMB) module in West Bengal’s Burdwan district, the report added.