MUMBAI, India, Aug. 24 -- Intellectual Property India has published a patent application (202621090927 A) filed by Dr. Pranaya Mahendra Patil; Dr. Tejswini Krushna Bele; and Dr. Kanchanmala N. Gawate on July 27, 2026, for System For Measuring Economic Inequality Using Social Relationship Metrics.
Inventors include Dr. Pranaya Mahendra Patil; Dr. Tejswini Krushna Bele; and Dr. Kanchanmala N. Gawate.
The application for the patent was published on August 21, 2026, under issue no. 34/2026.
Abstract: The present invention relates to a system and method for measuring economic inequality using social relationship metrics derived from interconnected socio-economic networks. The system collects and processes datasets including financial records, employment networks, and social interactions to construct relational network models representing individuals or entities as nodes and relationships as edges. Network analysis techniques are applied to compute relational metrics such as centrality, connectivity, and clustering patterns. These metrics are integrated with traditional economic indicators including income, asset ownership, and employment status to generate a relational inequality index representing disparities in both financial and social capital. The system further provides visualization and predictive modeling capabilities to analyze inequality patterns and simulate potential impacts of policy interventions. The invention enables a multidimensional assessment of economic inequality by incorporating relational opportunity structures within socio-economic systems.
Disclaimer: Curated by HT Syndication.
