Poverty Ratio has declined in India: SBI Research

• 29 Jun 2022

On 27 June 2022, Ecowrap – a State Bank of India (SBI) research report, revealed that Poverty Ratio has declined in India.

Findings

• All India poverty ratio has declined modestly to 17.9% in 2020-21 from 21.9% in 2011-12.
• Poverty in urban areas lower than in rural areas.

States where poverty increased

• Poverty has increased in some states including Karnataka, Maharashtra, Rajasthan, J&K, Uttarakhand and Sikkim.

States where poverty decreased

• Poverty has decreased in states including Assam, Bihar, Chhattisgarh, MP, UP, Odisha and West Bengal.