Commitment to Reducing Inequality (CRI) Index 2024 released

Current Context : The Commitment to Reducing Inequality (CRI) Index 2024 was released by Oxfam and Development Finance International, assessing 164 countries on their efforts to combat inequality.

• The Sustainable Development Goal (SDG) 10 aims to reduce inequality, highlighting the importance of such indices in guiding global and national policy frameworks.
• Focus Areas: The index evaluates countries based on three main parameters: public services spending, progressive taxation, and labor rights/wages.
• Ranking:
• Top Performers: Norway, Canada, and Australia lead the rankings.
• Worst Performers: South Sudan and Nigeria are among the lowest ranked.
• India’s Position: India ranks 127th, with neighboring countries like Nepal (115) and Sri Lanka (118) performing better.