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India May See Poverty Drop To 12.1% By 2028, Here's What The World Bank Report Reveals

India May See Poverty Drop To 12.1% By 2028, Here's What The World Bank Report Reveals
Photo: Free Press Journal · view original

New Delhi: India's poverty rate is projected to decline from 14.2 percent in 2026 to 12.1 percent by 2028, according to the World Bank, although the pace of poverty reduction is expected to slow. The projection, based on the USD 4.2-a-day poverty threshold, reflects improvements in household cons...

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