The Gini Index: An overview

Registration ID: IJNRD_203312

Published ID: IJNRD2308122

DOI: Click Here to Get

Miti Jain

Ever thought about why the rich becoming richer and the poor becoming poorer? Well, this is because of the unequal distribution of resources in the population of a particular country. The primary example of resources which is not being equally distributed is income. To understand the gap between the haves and haves not of society, and also to compare the income as well as wealth across societies, Gini Index is a tool for summarizing the whole economic data. The Gini index is a measure of statistical dispersion, commonly used to represent the inequality of a probability distribution. The Gini index even helps us to analyze the salary structure of an organization. It is not really important how income is unevenly distributed in the past, but it is important for us to know whether the distribution is becoming more or less inequitable in the present, and for that matter, this paper will provide detailed information about Gini Index. In this research paper on the Gini Index, you will get to know about the historical background, implications of the Gini index, limitations, and present status of the Gini index in India.

Published Paper   E-Certificate

Miti Jain (August-2023). The Gini Index: An overview . INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 8(8), b178-b183. https://ijnrd.org/papers/IJNRD2308122.pdf

Volume 8 Issue 8, August-2023

Pages : b178-b183

Paper Reg. ID: IJNRD_203312

Published Paper Id: IJNRD2308122

Downloads: 000121983

Research Area: Other

Country: Noida, Uttar Pradesh , India

Published Paper PDF: https://ijnrd.org/papers/IJNRD2308122.pdf

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