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Home to the ancient Indus Valley Civilisation and a region of historic trade routes and vast empires, the Indian subcontinent was identified with its commercial and cultural wealth for much of its long history. Four major religions, Hinduism, Buddhism, Jainism and Sikhism originated here, while Zoroastrianism, Judaism, Christianity and Islam arrived in the first millennium CE and shaped the region's diverse culture. Gradually annexed by the British East India Company from the early eighteenth century and colonised by the United Kingdom from the mid-nineteenth century, India became an independent nation in 1947 after a struggle for independence that was marked by widespread non-violent resistance. India is a federal constitutional republic with a parliamentary democracy consisting of 28 states and seven union territories. A pluralistic, multilingual and multiethnic society, India is also home to a diversity of wildlife in a variety of protected habitats. The Indian economy is the world's eleventh largest economy by nominal GDP and the fourth largest by purchasing power parity. Since the introduction of market-based economic reforms in 1991, India has become one of the fastest growing major economies in the world; however, it still suffers from poverty, illiteracy, corruption, disease, and malnutrition. India is classified as a newly industrialized country and is one of the four BRIC nations. It is a nuclear weapons state and has the third-largest standing armed force in the world. while its military expenditure ranks tenth in the world. It is a founding member of the United Nations, the East Asia Summit, the South Asian Association for Regional Cooperation and the Non-Aligned Movement and a member of the Commonwealth of Nations and the G-20 major economies. |
