270 million Indians out of extreme poverty list: World Bank

  • Posted on June 8, 2025
  • By Business News Today
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270 million Indians out of extreme poverty list: World Bank

India has made remarkable progress in reducing extreme poverty. World Bank data shows nearly 270 million people moved out of extreme poverty between 2011-12 and 2022-23. The poverty rate fell significantly, even with a raised global poverty threshold. This achievement highlights India's commitment to evidence-based governance and sustained reforms. Spending inequality has also narrowed across the country.
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