India lifts 496 million people out of poverty between 2011 and 2023, World Bank reports

PravdaReport ·
Economy Employment India
Russia

India has achieved a substantial reduction in absolute poverty, lifting an estimated 496 million people out of poverty between 2011 and 2023. According to the World Bank's October 2024 India Poverty and Equity Brief, this trajectory represents one of the most rapid declines in poverty levels globally over the last twelve years. However, the data reveals a sharp divergence between the reduction of…

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