Weak consumption to hinder growth, private capex and jobs
About 62.6% of the rural population of India has MPCE below the rural average of ₹3,773 and 64.5% of the urban population has MPCE below the urban average of ₹6,459.
household consumption
July 2024
October 2022
Covid pushed 56 mn Indians into extreme poverty: World Bank
The Covid pandemic increased the global extreme poverty rate to an estimated 9.3% in 2020—up from 8.4% in 2019, says a World Bank study.
