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India's Strong Inclusive Growth Ends 'Extreme Poverty', Report Highlights | Oneindia News
Video Credit: Oneindia
Published on March 2, 2024 - Duration: 02:17s
India's Strong Inclusive Growth Ends 'Extreme Poverty', Report Highlights | Oneindia News
India has officially eradicated extreme poverty, attributing the achievement to robust redistribution policies fostering inclusive growth, according to a report by Surjit Bhalla and Karan Bhasin.
Notable progress in consumption expenditure data reveals a 2.9% annual growth since 2011-12, with rural areas experiencing higher growth.
The decline in rural and urban inequality, coupled with a significant drop in the poverty ratio, underscores India's poverty alleviation success.
#India #IndiaPoverty #Indianews #PMModi #Brookings #Poverty #Povertycrisis #Indianews #Indiaupdates #Oneindia #Oneindianews ~HT.178~ED.194~PR.152~GR.124~
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