Fortune credits Mr Kejriwal for his efforts to curb pollution in New Delhi through the scheme of allowing vehicles of odd and even numbers on alternate days on the city's roads.
"When Kejriwal unveiled a blueprint to tackle the smog in New Delhi -- called the world's most polluted city by the World Health Organization -- many were sceptical. A key component: an 'odd-even' pilot project in which vehicles were allowed on the roads only on alternate days.
"The uplifting result of the pilot this January: roads were less clogged, hourly particulate air pollution concentrations dropped by 13 per cent, and citizens could breathe deep," Fortune said.
It said leadership is not "demagoguery, pandering, even populism" but is defined by people across the world "you've never heard of who are rallying followers to make life better in ways you never imagined."
"...the New Delhi 'government official' risking his career to fight pollution; the Italian mayor welcoming Middle East migrants to his tiny town-improving its economy and brightening their prospects," the US-based magazine said in a reference to Mr Kejriwal and Domenico Lucano, the Mayor of the Italian town of Riace, who was ranked 40th on the list.
"The leaders you'll meet here, known and new, will lift your mood and upgrade your assessment of the world's future.
Some may inspire you to join their followers. And those unheard-ofs, so seemingly ordinary, may even prompt you to rethink your own potential as an inspiring leader," Fortune said.
Arvind Kejriwal(47),Aam Aadmi Party chief is ranked 42nd on the list and is the sole leader from India.
However, South Carolina's Indian-American Governor Nikki Haley is also on the list at 17th while another Indian- American Resham Saujani is at the 20th spot.
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