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World Bank: India ranks 4th in income equality, ahead of US and China; 171 million lifted out of extreme poverty

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India is now a leading nation in income equality. World Bank data shows India's Gini Index is better than many major economies. Poverty rates have significantly decreased between 2011 and 2023. Government initiatives like PM Jan Dhan Yojana and Aadhaar have boosted financial inclusion. Healthcare access improved through Ayushman Bharat.
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