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Sunday 12th of January 2025 07:06:24 PM |
IN
RURAL POVERTY DECLINES TO 4.86% IN FY24
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SBI research indicates a significant decline in rural poverty to 4.86% in FY24 from 25.7% in 2011-12. Urban poverty also decreased to 4.09% from 13.7% in the same period. Enhanced consumption growth, infrastructure development, and government initiatives have contributed to narrowing the rural-urban income gap.
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RURAL POVERTY DECLINES TO 4.86% IN FY24
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