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World Bank: India ranks 4th in income equality, ahead of US and China; 171 million lifted out of extreme poverty

IndiaTimes Saturday, 5 July 2025
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. Government initiatives like PM Jan Dhan Yojana and Aadhaar have boosted financial inclusion. Healthcare access improved through Ayushman Bharat.
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India ranks 4th globally in income equality, shows World Bank data

World Bank data reveals India ranks fourth globally in income equality, boasting a Gini Index of 25.5 in 2022. This places India ahead of China, the United...
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The country's strong performance in reducing poverty has played a central role in achieving greater equality.
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