The Indian urban consumer is struggling. Several indicators show that those in urban India are saving money and not spending.

India witnessed a significant decline in extreme poverty, dropping from 27.1% in 2011-12 to 5.3% recently, even with the ...

India's extreme poverty dropped from 27.1% to 5.3% in a decade, even after World Bank raised its global poverty line. 270 ...

India has significantly reduced poverty. Extreme poverty (living on less than $2.15 per day) fell from 16.2% in 2011-12 to ...

India has lifted 171 million people from extreme poverty. Those living on less than $2.15 per day fell from 16.2 percent in ...

India's extreme poverty rate dropped significantly from 27.1% in 2011-12 to 5.3% in 2022-23. The World Bank revised the ...

India's fight against poverty sees 171 million people lifted from extreme deprivation; MPI drops from 53.8% to 16.4%, ...

The new poverty line, adjusted for inflation and global economic conditions, raised the bar by 15% compared to the previous ...

The World Bank's data is based on the international poverty line ($3.00 per day) and shows a reduction in the number of ...

India's updated consumption data helped offset the World Bank's revised International Poverty Line, reducing the global ...

India witnessed a significant decline in extreme poverty, dropping from 27.1% in 2011-12 to 5.3% recently, even with the ...