India Slashes Poverty From 29.5% To 9.4% As Rural Consumption Surges
India is undergoing a silent economic shift, with new surveys showing major gains in poverty reduction and citizen welfare.
India’s Poverty Rate Falls Below 5% For First Time, NSO Data Shows
The Household Consumption Expenditure Surveys for 2022-23 and 2023-24 from the NSO provide recent data on poverty and inequality.
Rural-Urban Spending Inequality Drops in 2023-24, Survey Shows
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 Rises; Narrowing Urban-Rural Gap
India's household spending on non-food items such as transport, garments, and entertainment has seen a significant increase.