Wednesday, December 31, 2014

12 Interesting Facts You Didn't Knew About Indian Economy

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Have you been criticizing about the economy and falling rates of rupees? Here are some of the admirable facts about Indian economy to cheer you up.

#1. Indian Economy Is Rising Fast
One of the fastest growing economies in the world, India will become the world’s third largest economy with projected GDP (PPP) at$13,716 Billion by 2030.

#2. India Loves To Shop

If you see the shopping malls growing in every nook and corner of the city that is because India is one of the fastest growing retail markets in the world and is also one of the top five retail markets in the world by economic value.
#3. We Are A Nation Of Farmers
Second in farm output in the world, India is the largest producer in the world of milk, jute and pulses.

#4. Proud to have the world's third largest road network, Indian roads cover more than 4.3 million kilometers and carry 60 per cent freight and 87 per cent passenger traffic.

#5. Train Network
#6. India Loves To Talk

We just love to talk on the phone. Result? India has a national tele density rate of 74.15 per cent with 926.53 million telephone subscribers.

#7. We Are A Young Nation
Over half of India's population is below 25 years. By 2020, the average age of an Indian is predictable to be 29 years.

#8. We Are Intelligent Lot Too
India has the second-largest pool of scientists and engineers in the world.

#9. "Chitti Aayi Hai" Should Be Our National Song
India has the largest mail network in the world with 1,55,618 post offices and over 5,66,000 employees.

#10. We Are A Country Of Millionaires
As of December 2012, we have 122 millionaires with net assets of Rs 600 crore and above.

#11. India Loves To Fly
During January and April 2013 domestic airlines carried 20.289 million passengers.

#12. Gold Is Our National Obsession
With official gold holdings of 557.7 tons, India ranks 10th in gold reserves.

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