The government’s assertions conceal a broader reality of increasing income inequality and widespread economic hardship. These ...

Are you preparing for UPSC CSE Prelims 2026? Check your progress and revise your topics through this quiz on Economy.

Referring to a World Bank brief, the government has claimed India is world’s ‘fourth most equal country’. What does this ...

Is South Africa truly the most unequal country in the world? This article challenges the widely accepted Gini Coefficient, revealing how it overlooks significant black wealth and social progress, and ...

According to the Household Consumption Expenditure Survey (HCES) 2022-23, inequality in consumption did decline ...

Figures like these are increasingly symbolic, rather than substantive,” CFA notes, pointing to a broader erosion of ...

France's poverty rate reached 15.4% in 2023, its highest level since records began in 1996, according to data from the ...

Critics of the Gini coefficient argue that it is an imperfect measure, as it ignores the informal economy and flattens distortions in the income distribution, leading to nonintuitive interpretations.

Arkansas ranked eighth out of 50 states for income inequality, with the top 5% of the population holding a 23.37% share of ...

The change in wealth inequality across Europe between 2008 and 2023 has been mixed across countries. According to a UBS report, it has sharply increased in some places, while showing modest declines ...

India's poverty rate of 28.1% challenges its claim as one of the most equal societies, Congress urges policy change.