Poverty Reduction- India's extreme poverty dropped sharply from 16% to 2.3% in a decade, lifting 171 million people above the poverty line, according to a World Bank report:

Poverty Reduction- India's extreme poverty dropped sharply from 16% to 2.3% in a decade, lifting 171 million people above the poverty line, according to a World Bank report:

Daily Current Affairs   /   Poverty Reduction- India's extreme poverty dropped sharply from 16% to 2.3% in a decade, lifting 171 million people above the poverty line, according to a World Bank report:

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Category : National Published on: April 29 2025

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  • India has lifted 171 million people from extreme poverty in the decade between 2011-12 and 2022-23, the World Bank said.
  • Extreme poverty dropped in India from 16.2% to 2.3% by 2022-23
  • Rural poverty fell from 69% to 32.5%, urban from 43.5% to 17.2%
  • Youth unemployment is 13.3%, rising to 29% among graduates
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