27.1% to 2.6%: India records one of world’s fastest poverty declines. It’s significant, but there’s a catch

The World Bank currently defines the international extreme poverty line at $3.00 per person per day. India, among the world’s biggest economies, has also made significant strides in reducing poverty, especially extreme poverty in recent years. According to the latest World Bank report, India has managed to achieve one of the fastest poverty declines in…

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