#indianpoverty

Extreme Poverty is now officially eliminated in India, says think tank report, praises initiatives of Indian govt

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India has now officially eliminated ‘extreme poverty’, which can be seen through the sharp decline in headcount poverty ratio and stark increase in household consumption, American think tank Brookings said in a report. The report, authored by Surjit Bhalla and Karan Bhasin, states that this has been a result of the government’s strong policy thrust … Read more

Indian villages have prospered over the past ten years

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Over the past ten to eleven years, the economic gap between the village and the metropolis has narrowed. People dwelling in villages now spend the same amount of money as those living in cities. People’s spending on other items has risen during this period, while their food expenses have declined. The nation’s rate of poverty has also gone … Read more