![Top 5% in rural areas spend 7.6 times more than bottom 5%: SBI](https://images.assettype.com/fortuneindia%2F2024-06%2Ff617eb87-a060-40b9-ac12-0ab2ac5161bc%2FGrocery.jpg?rect=0,30,612,306&w=300&q=95)
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%.
This disparity is even more pronounced in urban areas, where the top 5% earn 10.4 times more than the bottom 5%.
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%