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

A recent World Bank report indicates a significant shift in India's consumption-based inequality and poverty metrics, showing a Gini index drop to 23.5 in 2026. The findings place India among low-inequality nations globally in consumption terms, alongside other tracked economic indicators.

Key Findings from the Report

• Gini Index Drop: The index fell to 23.5 in 2026, comparing with reported figures for other nations such as China at 36 and the United States at 42.
• Extreme Poverty Reduction: Extreme poverty in the country decreased significantly from 27.6% to 2.6%.
• Daily Earnings Threshold: The proportion of citizens earning less than 400 rupees per day dropped from 57.7% to 16.1%.

Analyst Perspectives and Developmental Challenges

While analysts note that these percentages represent a major achievement in consumption distribution and domestic economic growth, absolute population numbers still highlight ongoing developmental challenges across the country. Readers seeking to verify these findings can consult official World Bank publications and data releases for detailed methodology and regional breakdowns.