The Republic of India (Hindi: भारत गणराज्य) is a country in Asia. It is at the center of South Asia. India has more than 1.2 billion (1,210,000,000) people, which is the second largest population in the world. It is the seventh largest country in the world by area and the largest country in South Asia. It is also the most populous democracy in the world.
India has seven neighbours: Pakistan in the north-west, China and Nepal in the north, Bhutan and Bangladesh in the north-east, Myanmar in the east and Sri Lanka, an island, in the south.
The capital of India is New Delhi. India is a peninsula, bound by the Indian Ocean in the south, the Arabian Sea on the west and Bay of Bengal in the east. The coastline of India is of about 7,517 km (4,671 mi) long. India has the third largest military force in the world and is also a nuclear weapon state.
India’s economy became the world’s fastest growing in the G20 developing nations in the last quarter of 2014, replacing the People’s Republic of China. India’s literacy and wealth are also rising. According to New World Wealth, India is the seventh richest country in the world with a total individual wealth of $5.6 trillion.
However, it still has many social and economic issues like poverty and corruption. India is a founding member of the World Trade Organisation (WTO), and has signed the Kyoto Protocol.
India has the fourth largest number of spoken languages per country in the world, only behind Papua New Guinea, Indonesia, and Nigeria. People of many different religions live there, including the five most popular world religions: Christianity, Islam, Hinduism, Buddhism, and Sikhism. The latter three religions came from the Indian subcontinent along with Jainism.
For administration purposes, India has been divided into smaller pieces. Most of these pieces are called states, some are called union territories. States and union territories are different in the way they are represented. Most union territories are ruled by administrators sent by the central government. All the states, and the territories of Delhi, and Puducherry elect their local government themselves. In total, there are twenty-nine states, and seven union territories.
The economy of the country is among the world’s fastest growing. It is the 7th largest in the world with a nominal GDP of $2,250 billion (USD), and in terms of PPP, the economy is 3rd largest (worth $8,720 trillion USD). The growth rate is 8.25% for fiscal 2010. However, that is still $3678 (considering PPP) per person per year. India’s economy is based mainly on:
Service sector: 43%
Information technology: 7%
India’s economy is diverse. Major industries include automobiles, cement, chemicals, consumer electronics, food processing, machinery, mining, petroleum, pharmaceuticals, steel, transportation equipment, and textiles.
However, despite economic growth, India continues to suffer from poverty. 27.5% of the population was living in poverty in 2004–2005. In addition, 80.4% of the population live on less than USD $2 a day, which was lowered to 68% by 2009.