Poverty falls, Govt health insurance scheme PM-JAY has positive impact on credit market outcomes

The proportion of Indians living in multidimensional poverty has fallen substantially in the last 10 years—from 29.17% in 2013-14 to 11.28% in 2022-23—the government’s economic survey report 2023-24 released on Monday said. The number of people living under poverty has been reduced by more than half with significant improvements made in Bihar, Madhya Pradesh, Uttar…

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