Livelihoods Update: 12 Jun 2025

India’s social security coverage has risen from 19% in 2015 to 64.3% in 2025, benefiting 94 crore people, making India the 2nd rank in the world: Union Labour Ministry.

 

India ranks 4th in terms of High Net Worth Individuals (HNWIs), with 85,698 people having a net worth upwards of 10 million$ : Knight Frank Global Wealth Report 2025.

 

74% of rural households expect their income to increase next year in May 2025 which is the highest since NABARD’s bi-monthly rural economic situation and sentiment survey began in Sep 2024.

 

The Indian Government has mandated that future Air Conditioners have to be between 20°C – 28°C, in both residential and commercial sectors.

 

India’s Government rice stock has risen by 18% over that in the last year, to reach the highest level in the past 4 years.

 

Livelihoods Update: 12 Jun 2025

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