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India has become the fourth most similar society in the world. This means that whatever development is being done in the country, the benefit is reaching the maximum people.
World Bank Latest Report- This information has been revealed in the Guinea Index. In this list, India is above 167 countries and below the Republic of Slovak, Slovenia and Belarus.
6 In response, we understand the meaning of this report …
Question 1: What does it mean to be one of the most equal societies in the world?
answer: India is at number four in those countries in the world, where income is the most equal way. This means that the economic gap between rich and poor in India has decreased compared to before.
India’s “Guinea Index” is 25.5, showing that economic inequality in the country is low. The score comes after the Slovak Republic, Slovenia and Belarus. But China (35.7), America (41.8) and G7 and G20 are better than countries.
Question 2: What is a guinea index?
answer: The guinea index is a kind of equality measurement, which shows how equal income or wealth is divided in a country. Its score ranges from 0 to 100. 0 means that everyone has very equal income and 100 means that only one person has all the income.
India’s score is 25.5, which falls under the category of “moderately low” inequality. It was 28.8 in 2011, that is, in recent years, India has made a lot of progress towards equality.
Question 3: How did India achieve this?
answer: India has done this work with the help of many government schemes and policies. For example-
- Pradhan Mantri Jan Dhan Yojana: More than 55 crore bank accounts were opened from it, which connected the poor with the banking system.
- Aadhaar: More than 142 crore people were given digital identity, so that government help directly reaches their accounts. This saved Rs 3.48 lakh crore.
- Ayushman Bharat: The scheme gave health cover of up to Rs 5 lakh to more than 41 crore families.
- PMGKAY: 80 crore people are being given free grain.
- Stand-up India and PM Vishwakarma Yojana: They are being given loans and training for SC/ST and women for business.
Due to the correct implementation of these schemes, between 2011 and 2023, 17.1 crore people came above the poverty line and the poverty rate in the country declined from 16.2% to 2.3%.
Question 4: What does it mean to common people?
answer: This means that more people in India are now financially better. More families are getting food, health services, banking and job opportunities than before.
This data shows that the benefit of India’s economic growth is not limited to the rich, but every section of the society is getting. It is a model of India, which can become an example for the world that economic development and social equality can run together.
Question 5: Are there any challenges left?
answer: Yes, there is still inequality in some areas and communities in a country with big and diversity like India. There is still a lot of economic differences between rural and urban areas or in different states. But the World Bank report shows that India is moving in the right direction.
Question 6: Is this news completely reliable?
answer: This news makes the World Bank’s 2025 report and the data given by the Ministry of Social Welfare of India. However, the guinea index only shows income sharing and other aspects of social inequality such as access to education or health, do not fully involve it.
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Read this news too …
1. Assets of 85,698 people in India more than ₹ 87 crore: At number four in the world in terms of rich, 6% increased in 2024 as compared to 2023 super rich
There are 85,698 people with assets worth more than $ 10 million, or about 87 crore rupees in India. Their number is 3.7% of the total rich worldwide. In terms of high net worth individual (HNI), we are only behind America, China and Japan. The list has 9,05,413 people in the US, 4,71,634 in China and 1,22,119 people in Japan.
This was revealed in Knight Frank’s ‘The Global Wealth Report 2025’. In India, 6% more people have become rich in 2024 than in 2023. In 2023, 80,686 people in India had assets of more than $ 10 million. By 2028, their number will be 93,753 with 9.4% increase.
Click here to read the full news …
2. The assets of billionaires in the world increased by 121% in 10 years: 263% increase in India; India at number three in terms of assets of 185 billionaires
The wealth of Indian billionaires was about three times in 10 years. But in recent years, the economic challenges emerged in China have affected the rich sections there. According to the UBS report, between 2015 and 2020, the assets of Chinese billionaires increased by more than 20% annually. But after that his property is decreasing by about 5% every year.
On the other hand, between 2020-24, the assets of billionaires of North America increased to 58.5% and the assets of Western Europe’s billionaires increased by 29%. Most of the billionaires are coming out of the tech sector in the world. In the last 10 years, their assets increased by 3 times from Rs 67 thousand crore to Rs 203 lakh crore. Industrial Billionaires finished second. The property has increased from Rs 45 thousand crore to Rs 110 lakh crore.
Click here to read the full news …
