Extreme poverty in India declined by 12.3 percentage points between 2011 and 2019, with rural areas doing better than urban centres, according to a working paper of the World Bank. The extreme poverty rate in India fell from 22.5% in 2011 to 10.2% in 2019.
Ability Electric Inc. (Liability), based in California, United States, has announced its intention to set up the world's largest electric three-wheeler manufacturing facility in Telangana.
The gross goods and services tax (GST) revenue collected in March 2022 is INR 1.42 lakh crore, the highest ever since the implementation of the new taxation system.
EXAMIANS