The recent 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 when ...

The UBS Global Wealth Report 2025 rang alarm bells, saying that while average wealth rose, inequality has deepened since 2020.

As per the survey, the Gini coefficient fell to 0.266 in 2022-23 from 0.283 in 2011-12, for rural households; and for urban ones, it fell to 0.314 from 0.363. (Freepik) Inequality in India in terms of ...

The decline in consumption inequality could be much higher if the poorest cohort got the maximum welfare benefits, but that has not been the case. (File Photo: Mint) India is dazzling the world with ...

After declaring that India has almost eliminated extreme poverty, the government’s Press Information Bureau (PIB) has picked up another set of estimates from the World Bank. This PIB release last week ...

A recent World Bank report placing India among the most equal countries globally may present a limited view of inequality, with economists suggesting that broader data sets could tell a different ...