Poverty Rate in India Drops Below 5% First Time Ever as Rural-Urban Divide Shrinks
- India has eradicated extreme poverty, with the Gini coefficient showing reductions in both urban and rural areas, as per economists from The Brookings Institution.
- The Headcount Poverty Ratio in India has decreased significantly, dropping from 12.2% in 2011-12 to 2% in 2022-23, supporting the claim that poverty has been eliminated in India.
- The National Sample Survey Office has recorded a decline in poverty in India to below 5%, with a 2.5-fold increase in consumption in both urban and rural households.
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Leaning Left3Leaning Right5Center5Last Updated2 months agoBias Distribution38% Center, 38% Right
Bias Distribution
- 38% of the sources are Center, 38% of the sources lean Right
43% Right
L 21%
C 36%
R 43%
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