World Bank Report Shows Sharp Decline in India's Inequality and Extreme Poverty

A World Bank report revealed a historic decline in India's inequality, with the Gini index falling to 23.5 in 2026 and placing the nation among low inequality countries.

Extreme poverty in the country dropped significantly from 27.6% to 2.6% according to consumption terms evaluated in the latest data.

The proportion of citizens earning less than 400 rupees per day decreased from 57.7% to 16.1%, though absolute population numbers still highlight ongoing developmental challenges.