US EditionIndia Becomes 4th 'Most Equal' Country In World, Leaves Behind US, China: World Bank Report
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India Ranks 4th Globally In Income Equality, Says World Bank Report
India has seen a notable decline in inequality over the past decade, with the country now ranked as the fourth most equal globally, according to a new report by the World Bank. The report highlights a drop in the Gini Index, a tool used to measure income and consumption equality, placing India just behind the Slovak Republic, Slovenia, and Belarus. The Gini Index score for India stands at 25.5 for 2022–23, down from 28.8 in 2011–12. A lower scor…
World Bank Report- According to the latest World Bank report, India has now become one of the most equal-income societies in the world. INDIA'S SCORE OF 25.5 IS RECORDED IN THE GUINEA INDEX, WHICH PLACES IT FOURTH GLOBALLY. India is now ahead in income equality after countries like the Slovak Republic, Slovenia and Belarus. These figures not only reflect India's economic progress, but also show that this progress is reaching all classes equally.…
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