The paper concerns the participatory political institutions for inclusive development in the BRICS. The relationship between economic growth and equity describes the concept of inclusive development. The concept of equitable (inclusive) growth strategy is based on the premise of the unity of governability, competitiveness and public policy through citizen participation. An important association of governability, competitiveness and fairness is participatory institutions. Four of them are crucial: strategic policy institutions, institutions of decentralization, institutions of "open government", and accountability institutions. The paper, based on the analysis of the BRICS, demonstrates that they create not only the environment for development, but also are the tools of participation, allowing carrying out public policy on the principles of a complex combination of problems, not a ranking of priorities.