Question
Which of the following is the primary measure of income
inequality? ÂSolution
The Gini Coefficient , derived from the Lorenz curve, quantifies inequality on a scale from 0 (perfect equality) to 1 (perfect inequality). A higher value signals wider income gaps. India’s Gini values have hovered around 0.35–0.37, showing moderate inequality. Policymakers track it to assess the inclusiveness of growth. Â
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