BusinessPhoto: NDTVIndia's Extreme Poverty Falls From 27.1% to 2.6% in 12 Years: World Bank
According to the World Bank, India's extreme poverty rate dropped significantly from 27.1% to 2.6% over 12 years. Additionally, the share of people living below the lower-middle-income poverty line of USD 4.20 per day, measured at 2021 purchasing power parity, decreased from 57.7% to 16.1% during the same period.
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