Incomes up since Covid, but poorest 20% still below FY16 level: Study

Wednesday, 24 January 2024
Average household income in India has increased around 12% since the Covid pandemic-induced fall, with the poorest seeing an over 75% jump, according to a survey by PRICE. The survey also revealed that income levels in rural India have climbed 16.6%. The survey shows the vulnerability of lower income segments and the need for government intervention.

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Incomes up since Covid, but poorest 20% still below FY16 level: Study

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