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Poverty gap shrinks between rural and urban India in FY24, driven by higher consumption: SBI reportIn rural areas, the Gini coefficient, which measures income inequality ... states that were historically considered underdeveloped, such as Bihar and Rajasthan, are showing remarkable progress ...
Gini coefficient: The most common measure of inequality is the Gini coefficient. It is based on the Lorenz curve, a cumulative frequency curve that compares the distribution of a specific variable ...
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