How India pulled 500 million people out of poverty, as inequality deepens
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India saw its extreme poverty rate drop from 27.1 percent to 2.6 percent between 2011 and 2023. These figures come from data provided by the World Bank. During this period, 500 million people moved out of poverty. However, inequality continues to deepen within the country.
India's extreme poverty has declined from 27.1 percent to 2.6 percent between 2011 and 2023, according to the World Bank.