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 ...

New Delhi: Rural poverty in India has seen a remarkable decline. It dropped below 5 per cent for the first time in 2023-24 according to SBI Research. Increased rural spending played a key role in this ...

NEW DELHI (Reuters) - Nearly 135 million people, around 10% of India's population, escaped poverty in the five years to March 2021, a government report found on Monday. Rural areas saw the strongest ...

The causes of rural poverty are complex and multidimensional. They involve, among other things, culture, climate, gender, markets, and public policy. Likewise, the rural poor are quite diverse both in ...

The Economic Issues series aims to make available to a broad readership of nonspecialists some of the economic research being produced on topical issues by IMF staff. The series draws mainly from IMF ...