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India's Poverty Rate

Good News! India to Achieve Single-Digit Poverty Rate by 2024-25

15 Jan 2024

The National Institution for Transforming India (NITI Aayog) has released the latest report on 'Multidimensional Poverty in India 2022-2023' which shows a steep decline in the poverty ratio in the span of nine years. Under the leadership of Prime Minister Narendra Modi, the poverty headcount ratio has reduced from 29.17 percent...

415 million people out of poverty in just 15 years in India, UN claims

11 Jul 2023

The United Nations claimed on Tuesday that India lifted 415 million people out of poverty in just 15 years, from 2005/2006 to 2019/ 2021, demonstrating the world's most populous country's outstanding increase in human development indices. The United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative...