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.
Rural Consumption Growth Narrows Urban-Rural Gap, Says Household Survey
The survey found the average MPCE in rural India at ₹4,122 and ₹6,996 in urban areas during 2023-24, excluding the value of free items received through welfare programs.
