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Commitment to Reducing Inequality Index – 2022
October 23 , 2022
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- The CRI Index tracks 161 countries’ performance in reducing inequality among its population.
- The index ranks countries based on their policies and actions in the areas of public services (health, education and social protection), Taxation and Workers’ rights.
- It is a joint project of Oxfam International and Development Finance International.
- The 2022 edition is the first detailed assessment of the countries’ policies and actions combating inequality during the pandemic years.
- 50% of the low-income and lower middle-income countries have cut the share of healthcare expenditure in their budgets.
- 50% of all countries have reduced the share of social protection spending and 70% of the countries have cut the share of education spending.
- 143 countries have refrained from increasing the tax rate on the richest citizenry.
- 11 governments have actually lowered the tax rates for the rich.
- The Norway tops the 2022 index.
- It is followed by Germany, Australia, Belgium, Canada, Japan, Denmark, and New Zealand.
- India has been ranked at the 123rd spot, which is an improvement of 6 places since 2020 (ranked at 129th position).
- However, the country has come down 2 spots with regards to health spending.
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