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Over a century after Pareto’s observation, the Global South remains trapped in a cycle of concentrated wealth and entrenched ...
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Factoring in tariffs, the lowest 20 percent of income earners may lose $300; the top 1 percent will be $58,000 richer.
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According to the Household Consumption Expenditure Survey (HCES) 2022-23, inequality in consumption did decline ...
India ranks 4th globally in income equality with a Gini Index of 25.5, surpassing major economies like the US, China, and UK.
The BJP pointed to a fall in the Gini Index — from 28.8 in 2011–12 to 25.5 in 2022–23 — as a sign of declining income inequality.