Top 5% in rural areas spend 7.6 times more than bottom 5%: SBI
This disparity is even more pronounced in urban areas, where the top 5% earn 10.4 times more than the bottom 5%.
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mpce
June 2024
February 2024
2023 consumption survey reveals 'sharp decline' in rural-urban divide
Rural poverty estimated to have declined to 7.2% in FY23 compared to 25.7% in 2011-12, while urban poverty dipped to 4.6% from 13.7%
