India has made remarkable strides in reducing income inequality over the past decade, becoming the fourth-most equal country globally, according to a new report by the World Bank. The country's Gini ...

A latest World Bank report places India among the world’s most equal societies ranking it the 4th most-equal country globally ahead of the G20 and G7 nations. According to the report, behind this ...

India significantly reduces inequality, becoming fourth-most equal globally, with sharp decrease in extreme poverty, ...

Yet, three in four people in low-income countries still lack coverage . WASHINGTON, April 7, 2025 –A new World Bank report reveals both the progress and the ongoing challenges in strengthening social ...

Great progress has been made in financial inclusion since 2011, when only half of adults worldwide had a bank or other financial account.

Despite India’s claim of historic poverty decline, new data raises doubts. Are vulnerable lives masked by changing metrics? Dig into the real numbers.

The World Bank has reported a major surge in global financial inclusion, with nearly 80 percent of adults worldwide now ...

In India, where welfare programmes have boosted the living standards of the poor, consumption will inevitably be higher and ...

Therecent decline in India’s consumption-based Gini coefficient—from 28.8 in 2011-12 to 25.5 in 2022-23, as reported by the World Bank—has prompted considerable scrutiny, particularly ...