India's extreme poverty rate falls to about 2%, crossing a key World Bank threshold
According to the World Bank, India's extreme poverty rate was roughly 2% in 2024. The international extreme poverty line is set at $3.00 per person per day in 2021 purchasing power parity terms. The World Poverty Clock considers extreme poverty largely eliminated when the headcount ratio drops below 3%. On this measure, India has therefore crossed that threshold. The article also notes a caveat about how the decline should be interpreted.
This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)
Log in to join the discussion and vote.
Log in