Various steps are being taken by the central and state governments in india to alleviate poverty in the country. The recently released data indicates that these steps are yielding results. In this regard, India's leading bank, bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>state bank of india, has stated that poverty is gradually decreasing in the country.

SBI report: In particular, it has been reported that the poverty rate in india has decreased to 4.6% in 2024. Recently, the World bank released information that the poverty rate in india has decreased to 5.3 percent in 2023. There is a report released by sbi to reinforce that information.
 World bank report: sbi, which has stated that various steps taken by the central and state governments are yielding good results, has also pointed out the estimate recently released by the World bank in its report. sbi has pointed out in the information released that this poverty alleviation data has been prepared based on data obtained using modern methods.

26.9 crore people rescued from poverty: It has been said that looking at contemporary data including the recently released Household Consumption Expenditure Trend survey in india, shows that the poverty rate in the country has come down. A few days ago, a report released by the World bank stated that 34.47 crore people were in extreme poverty in india in 2011-2012. This has reduced to 7.5 crore in 2023 and it has been reported that india has saved 26.9 crore people from extreme poverty in the last 11 years alone.

 Poverty reduced to 4.6%: Pointing to this, sbi has predicted that the number of people living in extreme poverty in india will reduce to 4.6 percent by 2024. sbi says it is releasing this estimate based on the Household Consumption Expenditure survey and various contemporary research reports. The sbi statement states that this conclusion was reached after examining data obtained under the Modified Mixed Recall Period (MMRP).
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Sowmiya Sriram

10/06/2025 06:58 PM