According to the 2023-24 fractile distribution, the poverty rate in rural areas has dropped to 4.86 per cent, while urban areas report an even lower figure of 4.09 per cent. A report by the State ...
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India's extreme poverty now at minimal stage, overall poverty rate drops below 5% in 2024 ...A research study by State Bank of India (SBI) highlighted that the extreme ... The methodology for these estimates starts with the poverty line defined in 2011-12, adjusted for decadal inflation ...
But on the morning of India’s 77th Independence ... and has pulled 800 million people out of poverty, according to the World Bank, which uses the $1.90 per day poverty line.
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