Extreme poverty in India falls to 2.6% from 27.1%: World Bank
Extreme poverty in India fell to 2.6% from 27.1% between 2011 and 2023, according to the World Bank. Approximately 496 million people rose above the lower-middle-income poverty line of $4.20 a day, with the overall poverty rate declining to 16.1%. The trend is expected to continue, with projections indicating a drop to 12.1% by 2028.