Business

India ranks as the world’s 4th most equal society, says World Bank report

India, which has already celebrated as the fourth largest economy in the world, has achieved another wonderful milestone-other than the most equal societies in the world. According to the World Bank, the Indian Jenny Index is 25.5, which places it fourth in the countries of the world, behind the Slovak Republic, Slovenia and Belarus. This performance does not exceed their regional peers such as China, which holds a genetic degree 35.7, but also places in India before each state of G7 and G20 in terms of income equality.

This development is a major achievement for the country of India and its complexity, which confirms the country’s progress in ensuring the benefits of economic growth on a large scale of its population. The genetic index, which ranges from 0 (ideal equality) to 100 (severe inequality), provides a clear snapshot on how income is distributed evenly within a country. The current parking in India represents a steady improvement of a genetic degree of 28.8 in 2011 to 25.5 in 2022, indicating meaningful gains in bridging income gaps over the past decade.

Among the main driver behind this success was the constant focus of India on poverty reduction. Poverty and shares revealed in the spring of 2025 in the spring of 2025 that 171 million Indian were expelled from extreme poverty between 2011 and 2023. The share of the population who lives on less than $ 2.15 a day-a record measure of extremist poverty-decreased from 16.2 % in 2011-12 to only 2.3 % in 2022-23. Under the Extraordinary Poverty Line of the World Bank of $ 3.00 a day, an average of 2022-23 is 5.3 %.

</p> <p>India has emerged in the fourth most equal community in the world, with the genetic index of 25.5, which exceeded all G7 and G20 countries, according to the World Bank.<br />This remarkable progress reflects a significant reduction in poverty and targeted governmental care plans.<br />Since India is a balance between rapid economic growth with social stocks, its model offers lessons to the world.</p> <table> <thead> <tr> <th>nation</th> <th>Jenny index</th> </tr> </thead> <tbody> <tr> <td>Slovak Republic</td> <td>24.1</td> </tr> <tr> <td>Slovenia</td> <td>24.3</td> </tr> <tr> <td>Belarus</td> <td>24.4</td> </tr> <tr> <td><strong>India</strong></td> <td><strong>25.5</strong></td> </tr> <tr> <td>China</td> <td>35.7</td> </tr> <tr> <td>US</td> <td>41.8</td> </tr> <tr> <td>Germany (G7)</td> <td>Approximately 31.4 ()</td> </tr> <tr> <td>UK (G7)</td> <td>Approximately 34.4 ()</td> </tr> <tr> <td>France (G7)</td> <td>Approximately 32.4 ()</td> </tr> <tr> <td>Japan (G7)</td> <td>Approximately 32.9 ()</td> </tr> </tbody> </table> <p data-end="2161" data-start="1755">Experts attribute this progress to a series of targeted <a href="https://xnn24.com/category/politics/" target="_blank" rel="nofollow">government</a> initiatives designed to enhance financial inclusion, improve access to health care, and enhance social safety networks. Pradhan Mantry Jean -Dan Yogana was pivotal in bringing more than 55.69 crimes from Indians to the official banking system as of June 2025, facilitating direct benefits transfers and reducing dropout in social welfare distribution.</p> <p data-end="2538" data-start="2163">Meanwhile, Aadhaar has become the backbone of the digital infrastructure in India, with more than 142 Aadhaar cards issued by July 2025. This system guarantees providing accuracy to government services and support. The mechanism of transporting direct benefits (DBT) simplified social welfare payments, which led to cumulative savings of 3.48 rupees as of March 2023.</p> <p data-end="2999" data-start="2540">Healthcare initiatives also played a vital role. The Ayushman Bharat scheme, which provides health coverage of up to $ 5 for each family annually, has released more than 41.34 rupees and supported by a strong network of more than 32,000 hospitals. It is worth noting that this scheme has expanded to include all citizens between the ages of 70 years and over, under the Ayushman Fay Vandana Initiative, ensuring that the elderly citizens obtain critical health support regardless of income.</p> <p data-end="3371" data-start="3001">In addition, plans such as Stand-Up India and the Vishwakarma Yojana enabled marginalized societies through entrepreneurship and skills development. Stand-up India facilitated loans worth more than 62,807 rupees for entrepreneurs and women, while approximately 30 craftsmen were recorded under Prime Minister Fishkarma Yogana to obtain financial and marketing support.</p> <p data-end="3684" data-start="3373">India’s journey to achieve such a low result Jenny emphasizes that economic growth and social equality can walk side by side. Since nations around the world flounder with the expansion of inequality, India’s experience provides a plan to mix economic reforms with strong social protection systems to create a more just society.</p> <p data-end="3876" data-start="3686">With the transformation of global interest towards comprehensive development models, the example of India – which gives it that it can grow economically while ensuring the participation of prosperity evenly.</p> </div> <p></p> <p style="text-align:center;">Don’t miss more hot News like this! <strong><a href="https://xnn24.com/category/tie-business/" target="_blank" rel="noopener">Click here</a></strong> to discover the latest in <a href="https://xnn24.com/category/tie-business/" target="_blank" rel="noopener">Business</a> news!</p> <p></p> <p>2025-07-05 10:15:00</p> </div><!-- .entry-content /--> <div id="post-extra-info"> <div class="theiaStickySidebar"> <div class="single-post-meta post-meta clearfix"><div class="tie-alignright"><span 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According to the World Bank,","copyrightYear":"2025","articleSection":"Business","articleBody":"India, which has already celebrated as the fourth largest economy in the world, has achieved another wonderful milestone-other than the most equal societies in the world. According to the World Bank, the Indian Jenny Index is 25.5, which places it fourth in the countries of the world, behind the Slovak Republic, Slovenia and Belarus. This performance does not exceed their regional peers such as China, which holds a genetic degree 35.7, but also places in India before each state of G7 and G20 in terms of income equality.\n\nThis development is a major achievement for the country of India and its complexity, which confirms the country's progress in ensuring the benefits of economic growth on a large scale of its population. The genetic index, which ranges from 0 (ideal equality) to 100 (severe inequality), provides a clear snapshot on how income is distributed evenly within a country. The current parking in India represents a steady improvement of a genetic degree of 28.8 in 2011 to 25.5 in 2022, indicating meaningful gains in bridging income gaps over the past decade.\n\nAmong the main driver behind this success was the constant focus of India on poverty reduction. Poverty and shares revealed in the spring of 2025 in the spring of 2025 that 171 million Indian were expelled from extreme poverty between 2011 and 2023. The share of the population who lives on less than $ 2.15 a day-a record measure of extremist poverty-decreased from 16.2 % in 2011-12 to only 2.3 % in 2022-23. Under the Extraordinary Poverty Line of the World Bank of $ 3.00 a day, an average of 2022-23 is 5.3 %.\n\n \nIndia has emerged in the fourth most equal community in the world, with the genetic index of 25.5, which exceeded all G7 and G20 countries, according to the World Bank.This remarkable progress reflects a significant reduction in poverty and targeted governmental care plans.Since India is a balance between rapid economic growth with social stocks, its model offers lessons to the world.\n\nnation\n\t\t\tJenny index\n\t\tSlovak Republic\n\t\t\t24.1\n\t\tSlovenia\n\t\t\t24.3\n\t\tBelarus\n\t\t\t24.4\n\t\tIndia\n\t\t\t25.5\n\t\tChina\n\t\t\t35.7\n\t\tUS\n\t\t\t41.8\n\t\tGermany (G7)\n\t\t\tApproximately 31.4 ()\n\t\tUK (G7)\n\t\t\tApproximately 34.4 ()\n\t\tFrance (G7)\n\t\t\tApproximately 32.4 ()\n\t\tJapan (G7)\n\t\t\tApproximately 32.9 ()\n\t\tExperts attribute this progress to a series of targeted government initiatives designed to enhance financial inclusion, improve access to health care, and enhance social safety networks. Pradhan Mantry Jean -Dan Yogana was pivotal in bringing more than 55.69 crimes from Indians to the official banking system as of June 2025, facilitating direct benefits transfers and reducing dropout in social welfare distribution.\n\nMeanwhile, Aadhaar has become the backbone of the digital infrastructure in India, with more than 142 Aadhaar cards issued by July 2025. This system guarantees providing accuracy to government services and support. The mechanism of transporting direct benefits (DBT) simplified social welfare payments, which led to cumulative savings of 3.48 rupees as of March 2023.\n\nHealthcare initiatives also played a vital role. The Ayushman Bharat scheme, which provides health coverage of up to $ 5 for each family annually, has released more than 41.34 rupees and supported by a strong network of more than 32,000 hospitals. It is worth noting that this scheme has expanded to include all citizens between the ages of 70 years and over, under the Ayushman Fay Vandana Initiative, ensuring that the elderly citizens obtain critical health support regardless of income.\n\nIn addition, plans such as Stand-Up India and the Vishwakarma Yojana enabled marginalized societies through entrepreneurship and skills development. Stand-up India facilitated loans worth more than 62,807 rupees for entrepreneurs and women, while approximately 30 craftsmen were recorded under Prime Minister Fishkarma Yogana to obtain financial and marketing support.\n\nIndia's journey to achieve such a low result Jenny emphasizes that economic growth and social equality can walk side by side. Since nations around the world flounder with the expansion of inequality, India's experience provides a plan to mix economic reforms with strong social protection systems to create a more just society.\n\nWith the transformation of global interest towards comprehensive development models, the example of India - which gives it that it can grow economically while ensuring the participation of prosperity evenly.\n\r\n\r\nDon\u2019t miss more hot News like this! 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