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Household Consumption Expenditure Survey

In 2022–23, poverty under the revised $3.00 line stood at just 5.25 per cent in India. Under the older $2.15 line, the rate dropped even further to 2.35 per cent. In 2011–12.

India is undergoing a silent economic shift, with new surveys showing major gains in poverty reduction and citizen welfare.

The Household Consumption Expenditure Surveys for 2022-23 and 2023-24 from the NSO provide recent data on poverty and inequality.

India has seen a notable decline in spending inequality between rural and urban areas, according to the latest Household Consumption Expenditure Survey.

India's household spending on non-food items such as transport, garments, and entertainment has seen a significant increase.