According to SBI Research, rural poverty has decreased from 25.7% (2011-12) to 7.2% (2022-2023) while urban poverty has reduced from 13.7% (2011-12) to 4.6% (2022-2023).
The recent debate regarding the GDP has come with the backdrop of a report that suggests that the MCA-21 database has 36% of its companies unsuitable for collection of data