India is developed country.explain
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Answer:
India is an emerging and developing country (EDC) found in southern Asia. It is the world's largest democracy, and one of the world's fastest growing economies. It is currently the seventh richest country in the world, and by 2025 it is projected to be the third largest world economy after China and the USA. India is an example of a country that has become richer.
The population of India in 2016 was approximately 1.3 billion people, and a recent United Nations report predicts that India will overtake China as the most populous country in 2022. India has around 50 millionaire cities (with a population of over a million people), and is home to three of the world's megacities (over 10 million people) - Delhi, Mumbai and Kolkata.
However, despite its rapid growth, poverty in India is widespread. The Human Development Index (HDI) places India 136th out of 187 countries, with 25% of the nation's population still living on less than $1.25 (US dollar) a day.
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