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There is now a new term creeping into the common lingo: Employed poverty ... at the rate at which it should have happened.” But consider the discussion around how India is moving ahead ...

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A research study by State Bank of India (SBI) highlighted that the extreme poverty in the country has reduced to minimal with poverty rates in the country falling below 5 percent in 2024.

The most striking finding is a steady deceleration in the growth of the middle class. Throughout the 1990s and 2000s, an ...

India's poverty rates dropped significantly below 5% in 2024, as revealed by the State Bank of India's study. Both rural and urban poverty saw major reductions, with rural poverty at 4.86% and ...

At an aggregate level, he assessed that poverty rates in India could now be in the range of 4 per cent-4.5 per cent with almost minimal existence of extreme poverty. The ERD economists observed ...

“At an aggregate level, we believe poverty rates in India could now be in the range of 4-4.5% with almost minimal existence of extreme poverty,” noted Ghosh. In 2011-12, the poverty rate was ...

p>As the poverty rates in the country declined below 5 per cent in 2024, a research study by State Bank of India (SBI) also highlighted that the extreme poverty in the country has reduced to ...