Examine how the Lorenz curve and the Gini coefficient together inform policy responses to inequality in India. Substantiate with examples. (Answer in 250 words)

The Lorenz curve visually plots cumulative population against cumulative income, while the Gini coefficient converts that curve’s deviation from perfect equality into a single number between 0 (equality) and 1 (complete inequality). Together, they are the workhorse metrics for assessing distribution in India.

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