India’s extreme poverty drops from 27.1% to 2.6%, one of the fastest in the world: World Bank
In a breakthrough for countryโs fight against poverty, the Modi government has made substantial progress in reducing the number of people living in extreme poverty. According to the World Bank's latest report, the percentage of people living in extreme poverty in India has seen a dramatic decline over the last decade, from 27.1 per cent in 2011 to 2.6 per cent in 2023.ย The report hailed India's improvements across both monetary and non-monetary measures of poverty, terming "it is one of the fastest poverty declines in the world." As per the report, the proportion of people leaving below the lower-middle-income…