Several renowned economists and leaders have provided insights into the root causes of the high poverty rate in India. Amartya Sen, the Nobel laureate economist, has highlighted the importance of ...

At an aggregate level, poverty rates in India are now estimated to be between 4 per cent and 4.5 per cent, with almost negligible instances of extreme poverty. One of the critical drivers behind ...

Nothing about this effort was small, and Union Health Minister J. P. Nadda said that there were 200 individual insurance ...

At the time of Mr Dube’s visit in 1995 almost half of India’s population still lived below the international poverty line, according to the World Bank. Mr Dube lamented India’s lack of progress: the ...

India has virtually eliminated absolute poverty based on World Bank standards, according to Arvind Virmani from Niti Aayog. Addressing the IMC Chamber of Commerce, he noted that the 'vulnerable' ...

India is in a period of unprecedented opportunity, challenge and ambition in its development. The country’s extreme poverty rate has fallen from 46 percent to 21 percent in the two decades up to 2011, ...

To create 400 million jobs, India needs to reimagine the challenge as one of employed poverty rather than unemployment. High wages need high productivity employers. - Issue Date: Mar 16, 2025 ...

From that perspective, the 1999-2000 estimate is nothing short of astonishing: the Indian poverty rate fell by 12.8 percent over 18 months, removing 60 million persons from poverty. Progress indeed!

The World Bank’s Poverty and Shared Prosperity series provides the latest estimates and trends in global poverty and shared prosperity. The 2022 edition provides the first comprehensive look at the ...

(Mallikarjun Kharge | Official X account) “Recession, poverty and pocket-bankruptcy ... Citing the Reserve Bank of India’s (RBI) February report about gold loans grew by 71.3% in a year ...