India, July 12 -- Inequality is reducing rapidly in India and we are progressing towards greater equality, Prime Minister Narendra Modi said on Saturday, citing a recent World Bank report, and noted that the country is now being counted among the most equitable nations.

He was speaking at the Rozgar Mela virtually, where over 51,000 appointment letters were distributed with the Indian Railways contributing the largest share of over 40,000 posts.

Modi underlined India's progress through the pillars of equality, democracy and demography.

"The world is acknowledging India's two unlimited strengths - democracy and demography," he said, referring to his recent five-nation visit. "In every country, I heard praise for India's youth power," he...