Society · India

World Bank Report Shows Rapid Decline in India's Poverty

A new World Bank report indicates that India has experienced one of the fastest declines in poverty globally. The report, which uses international poverty thresholds of $3, $4.20, and $8.30 per day based on 2021 purchasing power parity values, states that extreme poverty in India declined by 24.1% over a 12-year period. The Prime Minister has praised the report's findings.

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