EXPENDITURE ON SOCIAL SERVICES INCREASED FROM 6.7 % OF GDP IN 2017-18 TO 7.8 % of GDP IN 2023-24

EXPENDITURE ON SOCIAL SERVICES INCREASED FROM 6.7 % OF GDP IN 2017-18 TO 7.8 % of GDP IN 2023-24 https://www.taxtmi.com/news?id=27643 Increased public spending on social services and targeted implementation, including pension and last mile delivery schemes, coincided with the National Multidimensional Poverty Index nearly halving from 0.117 to 0.066 between 2015-16 and 2019-21, with an estimated 13.5 crore people escaping multidimensional poverty; concurrent declines in rural and urban Gini coefficients and a narrowing rural urban consumption gap are reported. en-us Mon, 22 Jul 2024 15:21:59 +0530 Mon, 22 Jul 2024 15:22:00 +0530 TaxTMI RSS Generator EXPENDITURE ON SOCIAL SERVICES INCREASED FROM 6.7 % OF GDP IN 2017-18 TO 7.8 % of GDP IN 2023-24 https://www.taxtmi.com/news?id=27643 Increased public spending on social services and targeted implementation, including pension and last mile delivery schemes, coincided with the National Multidimensional Poverty Index nearly halving from 0.117 to 0.066 between 2015-16 and 2019-21, with an estimated 13.5 crore people escaping multidimensional poverty; concurrent declines in rural and urban Gini coefficients and a narrowing rural urban consumption gap are reported. News - Mon, 22 Jul 2024 15:21:59 +0530 https://www.taxtmi.com/news?id=27643