India’s low Gini index and reduced poverty rates, as cited by the World Bank and PIB, suggest progress. But with growing wealth concentration, widespread informal labour, and digital exclusion, ...
India is now a leading nation in income equality. World Bank data shows India's Gini Index is better than many major economies. Poverty rates have significantly decreased between 2011 and 2023.
New Delhi [India], July 5 (ANI): India has emerged as one of the most equal societies globally, with a Gini Index of 25.5, according to the latest data from the World Bank. Ranking fourth worldwide in ...
India, already celebrated as the world’s fourth-largest economy, has achieved another remarkable milestone—becoming one of the world’s most equal societies. According to the World Bank, India’s Gini ...
India has emerged as the fourth country in income equality globally after the Slovak Republic, Slovenia, and Belarus, securing this position as the most economically equal society in the world. This ...
A recent World Bank report revealed that India’s consumption-based Gini index has improved from 28.8 in 2011-12 to 25.5 in 2022-23. The Narendra Modi government, as is its wont, made much of this ...
India's opposition party has accused the Narendra Modi government of "intellectual dishonesty" after it claimed the country was among the world's most equal. The federal Ministry of Information and ...