Experts discuss the accuracy of poverty estimates in India based on the 2023-24 HCES data in a moderated conversation.

Rural poverty in India has witnessed a sharp decline, dropping below 5% for the first time in FY 2023-24. The finding comes from a recent SBI Research study. According to the report, the rural ...

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 ...

The gap in monthly per capita consumption expenditure (MPCE) has decreased significantly, with the difference between rural and urban MPCE now at 69.7%, a sharp decline from 88.2% in 2009-10. This ...

Rural poverty has dropped to 4.86% from 7.2% in the previous year, while urban poverty is at 4.09%, a decline from 4.6% in FY23. These trends suggest that the overall poverty rate in India may now ...

Rural poverty has dropped sharply to 4.86% in the ... At an aggregate level, we believe poverty rates in India could now be in the range of 4-4.5 per cent with almost minimal existence of extreme ...

Rural poverty in India declined to under 5% in 2023-24, surpassing urban areas, thanks to higher consumption growth among the bottom 0-5% decile and government initiatives like direct benefit transfer ...

reflecting the impact of improved rural mobility and infrastructure. Jan 5 – India has witnessed a sharp decline in poverty rates over the past decade, with rural poverty falling dramatically to 4.86% ...

(Image/Freepik) India’s poverty fell sharply from close to 22% in 2011-12 to well under 5% in 2023-24, with almost minimal incidence of extreme poverty, and a shrinking of urban-rural gap ...

Boys play with a toy telephone as they react to the camera at a slum in New Delhi. Source: Reuters | File. In a historic first in India, rural poverty declined faster in the villages dipping below 5 ...

It is possible that these numbers could undergo minor revisions once the 2021 census is completed and the new rural-urban population share is published, the research report said. "We believe urban ...