A World Bank assessment highlighted by Gulf Today says nearly 496 million Indians moved above the poverty threshold between 2011-12 and 2023-24. Poverty levels declined sharply during the period, aided by economic growth and welfare initiatives, though millions still remain vulnerable and challenges related to jobs, healthcare, education and housing persist.
India’s digital commerce has boomed as annual UPI transactions skyrocketed past 24,162 crore. Backed by the JAM Trinity, DigiLocker, and GeM, the nation’s digital public infrastructure has secured massive financial inclusion, transferring over ₹51 lakh crore directly to citizens