India’s extreme poverty rate falls from 27.1% to 2.6% between 2011 and 2023
- World Bank’s October 2026 brief says India’s extreme poverty fell from 27.1 per cent to 2.6 per cent from 2011 to 2023.
- It said an estimated 496 million people were lifted out of poverty, one of the fastest declines in the world.
- At the USD 4.20-a-day line, poverty fell from 57.7 to 16.1 per cent; it credited jobs, consumption and food subsidies.
- It said 57 per cent of the poor live in a belt from Uttar Pradesh to West Bengal.
Source: ndtv.com
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