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India Ranks Among Top World's Most Equal Societies, Says World Bank Report: What Does It Mean?

INDIA, JUL 5 – India's income equality improved due to targeted welfare schemes, lifting 171 million out of extreme poverty, with a Gini Index of 25.5, ahead of the US and China, World Bank reports.

  • India achieved the fourth position globally in terms of income equality, with the World Bank's latest figures showing a Gini coefficient value of 25.5.
  • This ranking follows a decade of policy efforts that reduced extreme poverty from 16.2% to 2.3% and expanded access to banking, healthcare, and welfare.
  • India’s economic growth has become more inclusive, supported by initiatives such as the PM Jan Dhan scheme which has facilitated the creation of tens of crores of bank accounts, and Ayushman Bharat, which has distributed more than 41 crore health coverage cards.
  • In the World Bank’s data for 167 countries, India surpassed China’s Gini of 35.7 and the US’s 41.8, marking a notable move toward greater equality.
  • These outcomes suggest India’s model combines growth with fairness, emphasizing targeted poverty reduction and inclusive financial and social services.
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Sambad English broke the news in on Saturday, July 5, 2025.
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