Current Affairs - Economy - Discussion

India has been ranked 4th among the world’s most equal societies by the World Bank, based on the Gini Index. With a score of 25.5, India follows only the Slovak Republic (24.1), Slovenia (24.3), and Belarus (24.4), which means India is ahead of most countries globally in terms of income and wealth equality. The Gini Index is a standard economic measure of inequality, where a lower value signifies a more equal distribution. This ranking reflects significant progress in economic inclusivity and income distribution within India, positioning it as a leading example among developing nations striving for social and economic equity.