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).
It added that the decision is going to benefit more than 5 crore sugarcane farmers (including family members) and lakhs of other persons involved in the sugar sector.
India’s nuclear power plans have for years suffered due to the politics of leftist-communist parties as well as anti-nuclear activism. Such players have on multiple occasions resorted to fearmongering and stalling nuclear power projects.
The Andhra Pradesh Reorganisation Act, 2014 has not only resulted in the splitting of erstwhile Andhra Pradesh into two states - Telangana and Andhra Pradesh - but has also been the cause of two historical events in the country’s polity.
The Modi government has taken numerous initiatives to assist farmers over the last ten years, ranging from MSP to fertiliser subsidies. Fertiliser subsidies have nearly tripled, while the agricultural budget has increased fourfold.