India, July 8 -- The Bharatiya Janata Party (BJP) on Tuesday welcomed the World Bank's report, which ranked India as the "fourth most equal country" in terms of income distribution, dismissing the Congress party's allegation that the report was misrepresented.

Referring to the World Bank's Gini Index report, BJP spokesperson Syed Zafar Islam said India's transformation from being part of the "fragile five" in 2013-14 to the "fabulous four" today reflected the government's policy success.

"This did not happen overnight. It is the vision of PM Modi that is reflected in reports like the one by the World Bank, which puts India as the fourth most equal country, ahead of any G7 nation," he said. Islam pointed to a fall in the Gini Index - fro...