India's poverty continues to decline steadily, with the poverty rate likely to fall to 4.6 per cent in 2024, estimates a recent report by the State Bank of India (SBI). This marks a significant ...
Has poverty been nearly eradicated in India? Yes, if one goes by the findings of a World Bank brief on poverty and equity released in April. As per the report, the proportion of people in India living ...
India's multidimensional poverty has plummeted dramatically over the past two decades, dropping from 55.3% in FY05-06 to just 11.28% in FY22-23, according to the latest Economic Survey 2024-25. This ...
India has made strong progress in reducing poverty, with both income-based and non-monetary indicators showing steady improvement, according to the Economic Survey.
Close to 25 crore people have come out of multidimensional poverty due to the government's efforts over a decade,” the finance minister said.
India knows how to count the poor. From ration cards to multi-decade surveys such as the National Sample Survey, there are sophisticated systems to track deprivation – who’s getting by, who’s falling ...
Since 1990, the World Bank has reported estimates of the number of people worldwide that live in extreme poverty. This poverty standard is based on how the poorest countries in the world define ...