The new IMF paper — Pandemic, Poverty, and Inequality: Evidence from India — found that extreme poverty in India was less than 1% in 2019 and it remained constant even during the pandemic in 2020. IMF's Executive Director, Surjit Bhalla & Chairman, The Policy Foundation, Arvind Virmani discuss more on this. #BusinessToday #Economy | Siddharth Zarabi | India Today

Extreme Poverty Rate Drops To 5.3% From 27.1% In India: World Bank Report In a significant feat under Prime Minister Narendra Modi's visionary government, India has made key strides in the last decade in reducing its extreme poverty rate, which fell to 5.3 per cent in 2022-23 from 27.1 per cent in 2011-12, latest World Bank data has revealed. About 75.24 million people were living in extreme poverty in India during 2022-23, a massive drop from 344.47 million in 2011-12. According to the World Ba

As experts argue over the implications of Mumbai's latest Development Plan 2034, a look at why half of the city lives in slums, even as 5 lakh houses lie unoccupied. | Scroll

This "slum hotel" in Mumbai offers tourists a chance to experience "poverty" for $31 a night. | Al Jazeera English