income equality

India Becomes World’s 4th Most Equal Society, Says World Bank

India Becomes World’s 4th Most Equal Society, Says World Bank

New Delhi, July 5 — India has emerged as the fourth most equal society in the world, achieving a Gini Index of 25.5, according to the latest data released by the World Bank. The nation now ranks just behind the Slovak Republic, Slovenia, and Belarus in income equality, outpacing major economies including China, the United States, and all G7 and G20 nations.“It reflects how India’s economic progress is being shared more evenly across its population,” stated a release from the Ministry of Social Welfare. “Behind this success is a consistent policy focus on reducing poverty, expanding financial access, and delivering…
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