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Current Affairs 13 October 2022

Current Affairs 13 October 2022
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India Up 6 Places For Reducing Inequality, Ranks 123 Globally: Report

India has moved up six places to rank 123 out of 161 countries for reducing inequality but continues to be among the lowest performers in health spending, according to the latest Commitment to Reducing Inequality Index (CRII).

India up six places to rank 123 for reducing inequality

 Among lowest performers in health spending New Delhi, Oct. 11 (PTI): India has moved up six places to rank 123 out of 161 countries for reducing inequality but continues to be among the lowest performers in health spending, according to the latest Commitment to Reducing Inequality Index (CRII). The 2022 CRII looks at government policies and actions in 161 countries to fight inequality during the first two years of the COVID-19 pandemic. Norway leads the CRII followed by Germany and Australia. India’s overall rank has improved by six points from 129 in 2020 to 123 in 2022. It has moved up 12 places to rank 129 for reducing inequality through progressive spending. The country ranks 16 for progressive taxation, up by three. Under ranking for minimum wage, India has fallen 73 places due to the counttry being reclassified as not having a national minimum wage. Under the ‘Impact of public spending on reducing inequality indicator’, India has moved up 27 places and und

New Index shows governments worldwide stoked an inequality explosion during Covid-19 pandemic

New Index shows governments worldwide stoked an inequality explosion during Covid-19 pandemic
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