
India’s ‘excessive poverty’ for 2022–23 plummets, whereas World Financial institution raises the bar
In India, the World Financial institution report stated, 54,695,832 folks lived on lower than USD 3 per day in 2024. Thus, the poverty charge at USD 3 per day (2021 PPP, or share inhabitants) is 5.44 per cent in 2024. The intense poverty charge decreased from 16.2 to 2.3 per cent between 2011–12 and 2022–23,…