World Bank Report on Poverty: Unwavering growth story of Bharat

The World Bank’s Poverty, Prosperity, and Planet Report 2026: Jobs at the Centre of Poverty Eradication presents a paradox for global development: while worldwide extreme-poverty reduction has stalled, India has recorded one of the largest recent declines. The report estimates that India’s extreme-poverty rate fell from 27.1 per cent in 2011 to 2.6 per cent in 2023 under the World Bank’s revised $3.00-per-day international line, lifting an estimated 496 million people above that threshold. This

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