2025-06-10Niranjan Ghatule
India has made significant progress in reducing poverty over the past decade, according to a recent World Bank report. The data paints a remarkable picture of economic improvement, especially for the most vulnerable sections of society. The report reveals that the extreme poverty rate in India fell from 27.1% in 2011–12 to just 5.3% in 2022–23—a dramatic decline in a span of just over ten years.
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