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Extreme poverty rate in India falls
The New Indian Express Tiruchy
|June 08, 2025
EXTREME poverty rate in India fell sharply to 5.3% over a decade from 27.1% in 2011-12 even as the World Bank revised upwards its threshold poverty line to $3 per day.
Given the country's inflation rate between 2017 and 2021, a revised extreme poverty line of $3 would constitute a 15% higher threshold than $2.15 expressed in 2021 prices and result in a 5.3% poverty rate in 2022-23, the World Bank said in a report.
This story is from the June 08, 2025 edition of The New Indian Express Tiruchy.
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