Macro Finance
India Saw 496 Million Escape Poverty Since 2011, World Bank Says
Bloomberg Markets·October 31, 2026·1 min read
India lifted about 496 million people out of poverty between 2011 and 2023, one of the world's fastest declines in that metric, the World Bank said. The gains, however, remain uneven across regions and groups. The report highlights significant progress in reducing extreme poverty but warns that disparities persist, requiring continued policy focus on inclusive growth.
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