India's Extreme Poverty Drops From 27.1% To 2.6% In 12 Years: World Bank
A World Bank report indicates that extreme poverty in India has significantly declined from 27.1% to 2.6% over a 12-year period. The data also highlights a substantial reduction in the proportion of people living below the lower-middle-income poverty line.
Why it matters
This data serves as a critical indicator of India's economic development and the effectiveness of poverty alleviation programs.
The report said the proportion of people living below the lower-middle-income poverty line of USD 4.20 per day, measured…
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