15-November-2026
Economy News
 
27.1% to 2.6%: India records one of world's fastest poverty declines. It's significant, but there's a catch
14-Nov-2026

India, among the world's biggest economies, has also made significant strides in reducing poverty, especially extreme poverty in recent years. According to the latest World Bank report, India has managed to achieve one of the fastest poverty declines in the world - in both monetary and non-monetary dimensions. Garibi hathao has been a slogan for decades, and now with extreme poverty falling from 27.1% to 2.6% between 2011 and 2023, the question is how far India has come in its fight against poverty, and how much further it still needs to go.

News Source:- https://timesofindia.indiatimes.com/business/india-business/27-1-to-2-6-india-records-one-of-worlds-fastest-poverty-declines-its-significant-but-theres-a-catch/articleshow/135805972.cms