India'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 has dropped significantly from 27.1% to 2.6% over the past 12 years. During this period, approximately 496 million people were lifted out of poverty. However, income inequality remains high, with the top 10% earning 13 times more than the bottom 10%.
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