Rural poverty in India saw a significant decline in 2023-24, with the poverty ratio falling below 5 per cent for the first time, according to an analysis by SBI Research.
Rural poverty in India has notably dropped to 4.86% in 2023-24, down from 25.7% in 2011-12, driven by government support. Urban poverty also declined to 4.09%. Increased consumption and ...
Rural poverty declined faster in rural India over the course of the year, as the poverty ratio dipped below 5 percent for the first time, according to analysis by SBI Research. A sharp rise in ...
After declaring victory over absolute poverty in 2021, the country set up a five-year transitional period and established a long-term monitoring and assistance mechanism to prevent people from ...