Current Affairs Ranks & Reports

Oxfam World Inequality Index 2018: India Ranks 147th, Denmark Tops

Category : Ranks & Reports

UK-based charity ‘Oxfam International’s report named ‘Commitment to Reducing Inequality (CRI) Index was released in which India ranked 147th among 157 countries analysed and was labeled as “a very worrying situation” with respect to the rising inequality in the country.  Out of 157 countries measured, Denmark topped the list based on its high and progressive taxation, high social spending and good protection of workers. Ranking at 11th, Japan became the topper among the Asian countries. Among the BRICS nations, China was ranked 81st on the list, Brazil 39th and Russia 50th.
The Top 3 Countries include: 
  1. 1. Denmark,
  2. 2. Germany,
  3. 3. Finland. 
Source- The Quint


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