https://www.taxtmi.com/news?id=45969 India's measured extreme poverty fell sharply after the World Bank raised the International Poverty Line to USD 3/day (2021 PPP). Revised survey methods and updated national data show a substantially lower poverty count at the new threshold, concentrated across rural and urban areas with a narrowed rural-urban gap. Policy support including free and subsidised food transfers is credited with aiding the reduction, while macroeconomic risks and near term growth headwinds are noted as factors affecting sustainability. en-us Sat, 07 Jun 2025 20:46:03 +0530 Sat, 07 Jun 2025 20:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=45969 India's measured extreme poverty fell sharply after the World Bank raised the International Poverty Line to USD 3/day (2021 PPP). Revised survey methods and updated national data show a substantially lower poverty count at the new threshold, concentrated across rural and urban areas with a narrowed rural-urban gap. Policy support including free and subsidised food transfers is credited with aiding the reduction, while macroeconomic risks and near term growth headwinds are noted as factors affecting sustainability. News - Sat, 07 Jun 2025 20:46:03 +0530 https://www.taxtmi.com/news?id=45969