China, for instance, has witnessed sustained high economic growth in the past 40 years, and has pulled 800 million people out ...

The poverty line is now set at INR 1,632 for rural areas and INR 1,944 for urban areas, significantly higher than the INR 816 ...

Rural poverty in India declined to under 5% in 2023-24, surpassing urban areas, thanks to higher consumption growth among the ...

A recent SBI report has stirred the proverbial hornet’s nest with its claims of a sharp reduction in India’s poverty levels, ...

India is experiencing a notable reduction in the gap between rural and urban consumption, according to a report by State Bank ...

“Even low income households in India, part of the reason they go into poverty is because...the public system is there but ...

Côte d’Ivoire, for instance, saw a 30% reduction in poverty ... Green India Mission provide a strong policy framework to expand plantations. By involving local communities through initiatives ...

Recent SBI research reveals a substantial reduction in rural and urban poverty rates in India, driven by government support programs and increased consumption growth. Rural poverty decreased from 25.7 ...

A research study by State Bank of India (SBI) highlighted that the ... the poorest segments of the population. This sharp reduction in poverty levels shows country’s progress in improving ...

In urban areas, the decline in poverty was more gradual, with the poverty rate standing at 4.09 per cent in FY24, down from 4 ...

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 ...