Inequality in consumption between rural and urban India drops significantly, narrowing the gap to 69.7% from 88.2% since 2009.

A State Bank of India report shows a significant decline in consumption inequality between rural and urban India, with the gap in monthly per capita consumption expenditures falling from 88.2% to 69.7% since 2009-10. This improvement is credited to government initiatives like direct benefit transfers and rural infrastructure improvements. Inequality has also decreased within rural and urban areas, with Gini coefficients dropping, indicating progress toward more balanced consumption patterns and inclusive growth.

January 03, 2025
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