India Ranks Among Top World's Most Equal Societies, Says World Bank Report: What Does It Mean?
- India ranked fourth globally in income equality with a Gini Index score of 25.5, according to the World Bank's July 5, 2025 report.
- This ranking reflects a decline in inequality from a 2011 score of 28.8 and follows significant poverty reduction and inclusive policy efforts.
- Between 2011 and 2023, India lifted 171 million people out of extreme poverty as the national rate dropped from 16.2% to 2.3%, aided by welfare programs and financial inclusion schemes.
- Major programs include the opening of more than 55 crore bank accounts through the PM Jan Dhan Yojana, Aadhaar’s coverage of 142 crore individuals facilitating subsidy payments that have conserved Rs 3.48 lakh crore, and the provision of health coverage to families under Ayushman Bharat.
- The Ministry of Social Welfare credits consistent policies targeting poverty, financial access, and welfare support for this progress, indicating a shift toward more equitable economic sharing across the population.
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India ranked among world's most 'equal' societies: World Bank
India has been ranked as one of the most income-equal societies globally, securing the fourth position in the World Bank’s latest Gini Index rankings. With a score of 25.5, India now stands just behind the Slovak Republic, Slovenia, and Belarus, surpassing several advanced economies in income equality. Gini index reflects rising income equality The Gini Index is a widely accepted measure of income distribution, where a lower score indicates grea…
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