Extreme poverty in India declined by 12.3 percentage points during 2011-2019

INDEX / REPORTS

  • According to a policy research working paper of the World Bank,  Poverty in India is 12.3 percentage points lower in 2019 as compared to 2011.
  • The poverty headcount rate has declined from 22.5 percent in 2011 to 10.2 percent in 2019.
  • Rural poverty dropped by 14.7 percent while urban poverty declined by 7.9 percentage points during 2011 to 2019.

Facts to Know:

 

  • The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries.
  • World bank Headquarters: Washington D.C
  • Member countries: 189
The World Bank
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