State Bank of India Research : First time that the rural poverty rate fell below 5% was in FY24
State Bank of India Research : In comparison, the poverty ratio in urban areas fell to 4.09 per cent from 4.6 per cent during the same period. Poverty declined faster in rural areas during FY24 as the poverty ratio dipped below 5 per cent for the first time to 4.86 per cent from 7.2 per…