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New Delhi, Jul 7 (PTI) The Congress on Monday termed as "fraudulent" and "intellectually dishonest" the government's assertion that India is among the world's most equal countries, and said the Modi government cannot simply wish away the stark reality of deepening inequalities by "doctoring data". The opposition party's attack came after an official release, citing World Bank data, said inequality in India has come down significantly between 2011-12 and 2022-23, making it the fourth-most equal ...Read More >
India is much better placed than countries like China, the USA and the United Kingdom. (Representational) New Delhi: Inequality in India has come down significantly between 2011-12 and 2022-23, making it the fourth-most equal country globally, according to a World Bank report. This is in addition to a sharp decrease in extreme poverty, which has dropped from 16.2 per cent in 2011-12 to 2.3 per cent in 2022-23, an official release said quoting World Bank data. The government attributed the re ...Read More >
New Delhi, Jul 5: India has emerged as one of the most income-equal countries in the world, ranking fourth globally with a Gini Index score of 25.5, according to the latest World Bank data as reported by TOI. This places India ahead of major economies including China (35.7), the United States (41.8), and all G7 and G20 nations. Only the Slovak Republic, Slovenia, and Belarus rank higher in income equality. The Gini Index measures income distribution on a scale from 0 (perfect equality) to 100 ( ...Read More >
New Delhi, Jul 5 (PTI) Inequality in India has come down significantly between 2011-12 and 2022-23, making it the fourth-most equal country globally, according to a World Bank report. This is in addition to a sharp decrease in extreme poverty, which has dropped from 16.2 per cent in 2011-12 to 2.3 per cent in 2022-23, an official release said quoting World Bank data. Also Read | 'We Negotiate From Position of Strength, Not Under Deadlines': Union Minister Piyush Goyal on India-US Trade Deal Af ...Read More >
New Delhi, Jul 5 (PTI) Inequality in India has come down significantly between 2011-12 and 2022-23, making it the fourth-most equal country globally, according to a World Bank report. This is in addition to a sharp decrease in extreme poverty, which has dropped from 16.2 per cent in 2011-12 to 2.3 per cent in 2022-23, an official release said quoting World Bank data. The government attributed the reduction in inequality to various initiatives and schemes pursued during the last decade. The on ...Read More >
New Delhi [India], July 5 (ANI): India has emerged as one of the most equal societies globally, with a Gini Index of 25.5, according to the latest data from the World Bank. Ranking fourth worldwide in income equality, India now stands just behind the Slovak Republic, Slovenia, and Belarus. "It reflects how India's economic progress is being shared more evenly across its population. Behind this success is a consistent policy focus on reducing poverty, expanding financial access, and delivering ...Read More >
Chennai: Over the past decade India has lifted 171 million people from extreme poverty. Those living on less than $2.15 per day fell from 16.2 percent in 2011- 12 to 2.3 percent in 2022-23, finds the World Bank. However, Wage disparity remains high, with the median earnings of the top 10 per cent being 13 times higher than the bottom 10 per cent in 2023-24. Rural extreme poverty dropped from 18.4 percent to 2.8 percent, and urban from 10.7 percent to 1.1 percent, narrowing the rural-urban gap f ...Read More >
Guwahati: Madhya Pradesh Chief Minister Mohan Yadav on Saturday announced that he has requested Union Home Minister Amit Shah to order a Central Bureau of Investigation (CBI) probe into the disappearance of an Indore-based woman in Meghalaya. Chief Minister Mohan Yadav, in a public statement, stated that he has already discussed the grave matter with Meghalaya Chief Minister Conrad Sangma. Ready for a challenge? Click here to take our quiz and show off your knowledge! He added that police off ...Read More >
New Delhi [India], June 7 (ANI): While the World Bank's revision to global poverty estimates led to a global increase in the count of extreme poverty by 125 million, India emerged as a statistical outlier in a positive direction, according to the government's factsheet analysis. The World Bank recently raised the International Poverty Line (IPL) from USD 2.15 to USD 3.00 per day (based on 2021 purchasing power parity). The revision was intended to reflect updated costs of living and more accura ...Read More >
Hyderabad: The bodies of seven Maoists in the ongoing combing operations and gunfight inside the Indravati National Park of Bijapur district in Chhattisgarh were recovered on Saturday, June 7. After the killing of Communist Party of India (Maoist) central committee member Narasimha Chalam alias Sudhakar on June 5, another top leader and special zonal committee member of the Telangana state committee, Mylarapu Adelu alias Bhaskar, was gunned down on June 6. He was carrying a bounty of Rs 45 lakh ...Read More >
New Delhi [India], June 7 (ANI): While the World Bank's revision to global poverty estimates led to a global increase in the count of extreme poverty by 125 million, India emerged as a statistical outlier in a positive direction, according to the government's factsheet analysis. The World Bank recently raised the International Poverty Line (IPL) from USD 2.15 to USD 3.00 per day (based on 2021 purchasing power parity). The revision was intended to reflect updated costs of living and more accura ...Read More >
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