India's extreme poverty rate declined sharply to 5.3% over a decade from 27.1% in 2011-12 even as the World Bank revised upwards its threshold poverty line to USD 3 per day. Given India's inflation ...

India has recorded a sharp decline in poverty over the last decade, the World Bank stated this in its latest report “Poverty & Equity Brief,” showing that extreme poverty fell to 2.3% in 2022–23, down ...

By 2023, the country’s economy had all but stalled, and the IMF forecast only 0.5 per cent growth. On the other hand, in ...

Extreme poverty in developing countries fell 25% since 1990 and may be further halved so long as economic growth rates in those countries maintain their pace, the World Bank said in an annual report ...

India has made strong progress in reducing poverty, with both income-based and non-monetary indicators showing steady improvement, according to the Economic Survey.

India has recorded significant progress in the labour market, supported by regulatory reforms, expanded social protection, and targeted skill development initiatives, according to the Economic Survey ...

The World Bank says that India has made radical strides in eliminating extreme poverty. The reality on the ground is more complicated.

On Nov. 1, the southern Indian state of Kerala will be officially declared the first among the nation’s 28 states to be “free of extreme poverty.” This is a remarkable achievement, experts say, as the ...

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