
India's extreme poverty rate dropped sharply to 5.3% due to free, subsidised food transfers: World Bank data shows
Published on: June 8, 2025, 2:08 a.m. | Source: Livemint
World Bank data showed how India's extreme poverty rate dropped sharply in the last 10 years as free and subsidised food transfers supported poverty reduction. This also contributed to narrowing the rural-urban poverty gap.