India emerges among the most equal societies: World Bank's Gini Index
Moreover, India's score in the Gini Index is far better than China's 35.7 and the United States' 41.8. The country falls in a 'moderately low' inequality category as the Gini index of India is 25.5. Reportedly, India performed better than almost 167 countries, which is measured by the World Bank's Gini Index.
India's strong position in the Gini Index is due to the consistent efforts of the country towards poverty alleviation and improving equality in both urban and rural areas. The report also highlighted that almost 171 million Indians were removed from extreme poverty between the period of 2011-23.
The improved rankings are also pointed out to the different schemes of the government of India for improving financial access and delivering welfare services. Some of the most popular ones are Jan Dhan, DBT (Direct Benefit Transfer), and Ayushman Bharat.
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