Fri Jun 06 2025
5 months ago
Significant decline in extreme poverty in India- World Bank Report
According to the World Bank's latest report, India has recorded a significant decline in extreme poverty. While the extreme poverty rate was 27.1% in 2011–12, it dropped to just 5.3% in 2022–23. The report states that India has successfully lifted over 27 crore people out of extreme poverty.
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