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 paper highlights issues with the methodology adopted by the GoI, which estimates poverty at just 5% based on "positive ...

New Delhi, Along with the sharp decline in poverty in India, there has also been a marked reduction in the rural-urban income divide in the country, according to an SBI Research analysis of a ...