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.
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 ...
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 ...