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India's Poverty Rate Likely To Decline Further In 2024: SBI Report
The Business Guardian
|June 11, 2025
India's poverty continues to decline steadily, with the poverty rate likely to fall to 4.6 per cent in 2024, estimates a recent report by the State Bank of India (SBI).
This marks a significant improvement from the 5.3 per cent poverty rate estimated by the World Bank for India in 2023.
The report said "Poverty estimates by SBI and World Bank are remarkably similar.... SBI estimates it at 4.6 per cent in 2024...down from 5.3 per cent in 2023 as estimated by World Bank".
Cette histoire est tirée de l'édition June 11, 2025 de The Business Guardian.
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