India poverty rate Archives

49.6 crore people moved out of poverty line: Those earning ₹400 per day decreased from 57.7% to 16.1%; benefited from women’s jobs

India has made a new record of eradicating poverty fastest in the world. According to the World Bank, between 2011 and 2023, 49.6 crore people have come out of poverty in the country. During this period, the extreme poverty rate in India has reduced from 27.1% to just 2.6%. The World Bank says that India…

Extreme poverty in India falls to 2.6%, but top 10% earn 13 times more than bottom 10%

DainikNews Live Admin2 days ago08 mins

India’s extreme poverty rate fell sharply to 2.6% in 2023 from 27.1% in 2011with an estimated 496 million people moving above the lower-middle-income poverty line over the same period, according to the World Bank. However, despite the substantial reduction in poverty, the gap between the country’s highest-paid and lowest-paid workers remains wide, with the top…