India, located in South Asia, is the seventh-largest country in the world by area and the second-most populous country behind only China. As of 2014, it has a population forecast around 1.26 billion people, with the capital New Delhi estimated to be home to almost 17 million inhabitants. Despite the fact that India’s population has grown steadily, the fertility rate in the country is on the decline. The population increase can therefore be attributed to the improvement in infrastructure and health care which has led to an increase in the average life expectancy. However this average life expectancy is still well below that of the U.S. and China.
India is a grand country located in South Asia. It is the seventh largest country in the world and the second most populated country in the world. Many see India as a sub-continent rather than a country. There exist in different parts of India, different cultures, languages, manners as well as different historical backgrounds and influences of the same historical events. The official name for the country is Republic of India. The Indians call their country INDIA. There are also two other names for India less known outside India; BHARAT and HINDUSTAN.
|Population and Selected Facts||Values|
|Total population of India||1,259.35m|
|Fertility rate in India||2.48|
|Life expectancy in India||66.46yr|
|Median age of Indian population||27yr|
India’s economy lost steam in the October to December period, but is still on track to be one of the fastest-growing economies in Asia this year. Resilient domestic demand and a limited reliance on the external sector are expected to fuel a pickup in growth in fiscal year 2015, however, data for the final quarter are mixed. Industrial production deteriorated in January, while the manufacturing PMI was stable in February. On 29 February, Finance Minister Arun Jaitley unveiled the government’s budget for upcoming fiscal year 2016. The budget continues with the government’s fiscal consolidation path and introduces a number of measures to spur the rural economy and improve the business environment.