Azadi ka Amrit Mahotsav: Indexes in which India ranks in top 10 all around the world

Publish Date: 05 Aug, 2022
Azadi ka Amrit Mahotsav: Indexes in which India ranks in top 10 all around the world

As the world moves forward and keeps growing, the race to be at the top is also getting a lot more competitive as compared to previous times. Nowadays, whichever country is at the top is considered to be a giant in that field or index and is respected and appreciated all over the world. Among these indexes and fields India has also been actively been on the top and is thrashing away some of its biggest competitors. Let’s take a look at some of these indexes in which India’s rank is really commendable and is making our name proud all over the world. 

Indexes in which India ranks in top 10

Official Languages

India ranks second in the domain of cultural languages. It has officially recognised 22 languages as its official language and it is just below Bolivia. Apart from official languages there are a lot more languages which may have not been officialized but are actively spoken all around India. 

The 22 languages include  Assamese, Bengali, Bodo, Dogri, Gujarati, Hindi, Kannada, Kashmiri, Konkani, Maithili, Malayalam, Meitei (Manipuri), Marathi, Nepali, Odia (Oriya), Punjabi, Sanskrit, Santali, Sindhi, Tamil, Telugu, and Urdu.

GDP Growth rate

The economy of India is a middle income developing market economy. It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). According to the International Monetary Fund (IMF), on a per capita income basis, India ranked 142nd by GDP (nominal) and 128th by GDP (PPP).

The long-term growth perspective of the Indian economy remains positive due to its young population and corresponding low dependency ratio, healthy savings, and investment rates, increasing globalisation in India and integration into the global economy.

Number of billionaires

At about 166 billionaires, India has the third largest billionaire population all around the world, after US and China while the number of ultra-high net worth individuals with net assets of Rs 226 crore or more, increased 11% in 2021 on the back of a buoyant equity market and digital revolution, said Knight Frank in its latest edition of the Wealth Report 2022. This is the highest percentage growth in Asia Pacific.

Population

This is not something to be proud of but India is the second most populated country in the world with a sixth of the world's population. According to the 2022 revision of the World Population Prospects the population stood at 1,407,563,842. Between 1975 and 2010, the population doubled to 1.2 billion, reaching the billion mark in 1998. India is projected to surpass China to become the world's most populous country by 2023.

Gold reserve

India is also included in the list of top 10 countries in the world in terms of gold reserves. India has been successful in depositing 743.83 tonnes of gold in its reserves. India's gold reserves have increased to 618.2 tonnes. At the same time, the gold reserves of the Netherlands are only 612.5 tonnes. 

Rail transport network

India ranks third in the network for railway transport. With a length of 70,225 KM it is ever growing. Indian Railways (IR) is the primary operator of rail operations throughout the country, a state-owned organisation of the Ministry of Railways, which historically had its own government budget. Between 2019 and 2020, 22.15 million passengers used the Indian Railways network daily. In the same period, 3.32 million metric tons of freight was also shipped daily on the IR network.

Electricity production

India produced 1,160.10 billion units (BU) of electricity–one BU is enough to power 10 million households (one household using average of about 3 units per day) for a month–in the financial year (FY) 2017. With a production of 1,423 BU in FY 2016, India was the third largest producer and the third largest consumer of electricity in the world, behind China (6,015 BU) and the United States (4,327 BU).

Steel Production

The iron and steel industry in India is among the most important industries within the country. India surpassed Japan as the second top steel producer in January 2019. As per worldsteel, India's crude steel production in 2018 was at 106.5 tonnes (MT), 4.9% increase from 101.5 MT in 2017, which means that India overtook Japan as the world's second largest steel production country. Japan produced 104.3 MT in 2018, a decrease of 0.3% compared to 2017. Industry produced 82.68 million tons of total finished steel and 9.7 million tons of raw iron.

Cinema Productions

India is the largest producer of films in the world and second oldest film industry in the world. The country is home to one of the most important cities in the global film industry, Mumbai. Besides being the largest producer of films in the world, India also has the largest number of admissions. The Indian film industry is multi-lingual and the largest in the world in terms of ticket sales but 3rd largest in terms of revenue mainly due to having among the lowest ticket prices in the world.

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