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Poverty in India

Poverty in India

Uncommon card · No. 126700

Poverty in India remains a major challenge in the country. The country has used an income of ₹32 (33¢ US) per day as poverty-line; a threshold which itself has faced criticism for being too low. World Bank, analysing Indian figures, stated India experienced a significant decline in the extreme poverty, from 27.1% in 2011 to 10.2% in 2019, further declining to 2.6% by 2023. A working paper of the bank said rural poverty declined from 26.3% in 2011 to 11.6% in 2019. The decline in urban areas was from 14.2% to 6.3% in the same period. The poverty level in rural and urban areas went down by 14.7 and 7.9 percentage points, respectively. According to United Nations Development Programme administrator Achim Steiner, India lifted 271 million people out of extreme poverty in a 10-year time period from 2005–2006 to 2015–2016. A 2020 study from the World Economic Forum found "Some 220 million Indians sustained on an expenditure level of less than Rs 32 / day—the poverty line for rural India—by the...

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