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 ...

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 ...

Last month, the World Bank released yet another set of poverty estimates for India and bang, bang. The hammer dropped. Extreme poverty is nearly dead. Just some 3.3 crore Indians are extremely poor as ...

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