World Bank: India Made Remarkable Progress in Reducing Poverty
The World Bank reported that India has made remarkable progress in reducing poverty over the last decade. Between 2011 and 2023, the population living below the $4.20/day poverty line fell from 57.7% to 16.1%, lifting about 496 million people out of poverty. Extreme poverty declined from 27.1% to 2.6%. The report projects continued gradual poverty reduction to 12.1% by 2028.
Hindu Business··New Delhi




