The World Bank, in its report Poverty and Equity Brief for India, released in April 2025, revealed that Extreme poverty (living on less than USD 2.15 per day) fell from 16.2 per cent in 2011-12 to 2.3 per cent in 2022-23.
50 percent of accounts under Mudra Yojana are held by SC, ST and OBC entrepreneurs, ensuring wider access to formal finance to all sections of society.
In the budget 2025-26, Union Finance Minister Nirmala Sitharaman announced that ships of specified size would be inducted in the harmonised master list of infrastructure making them eligible for financial incentives. This will attract private investment in the shipbuilding industry and enhance fleet modernisation.