▲ 48 r/AskEconomics
I live here and this seems to me to be a very unequal country. However, according to the gini coefficient(25.5) we have 'low inequality'.
So my question basically is that are there some caveats to using the Gini Index that I don't understand/know about? Am I supposed to take what it says with a grain of salt?
Or is my opinion of inequality in India just biased due to my surroundings in this country and it's actually not that bad?
u/Fantastic-Cock7856 — 15 days ago