Federal Republic in Asia
During the same time, its nominal per capita income increased from US$64 annually to US$1,498, and its literacy rate from 16.6% to 74%. From being a comparatively destitute country in 1951, India has become a fast-growing major economy, a hub for information technology services, with an expanding middle class. It has a space program which includes several planned or completed extraterrestrial missions. Indian movies, music, and spiritual teachings play an increasing role in global culture. India has substantially reduced its rate of poverty, though at the cost of increasing economic inequality. India is a nuclear weapons state, which ranks high in military expenditure. It has disputes over Kashmir with its neighbors, Pakistan and China, unresolved since the mid-20th century. Among the socio-economic challenges India faces are gender inequality, child malnutrition, and rising levels of air pollution. India's land is megadiverse, with four biodiversity hotspots. Its forest cover comprises 21.4% of its area. India's wildlife, which has traditionally been viewed with tolerance in India's culture, is supported among these forests, and elsewhere, in protected habitats.