The World Bank’s current program in India consists of 83 lending operations. Of the $18.2 billion in commitments , $17.5 billion is from IBRD, $0.6 billion is from legacy IDA – the Bank’s soft lending ...

India is now a leading nation in income equality. World Bank data shows India's Gini Index is better than many major ...

According to World Bank's Poverty and Shared Prosperity report, despite the upward revision of per-person income, between 2012 and 2022, extreme poverty in India declined from 27.1 per cent to 5.3 ...

Recent World Bank data reveals a significant decline in India's extreme poverty rate, dropping from 27.1% in 2011-12 to 5.3% in 2022-23, lifting nearly 270 million people out of extreme poverty.

The Congress criticized a World Bank report highlighting ongoing poverty and inequality issues in India. It urged the Indian ...

The World Bank on Wednesday (April 23, 2025) lowered India’s growth forecast for the current fiscal by 4 percentage points to 6.3% amid global economic weakness and policy uncertainty. In its ...

India’s extreme poverty rate declined sharply to 5.3% over a decade from 27.1% in 2011-12, even as the World Bank revised upwards its threshold poverty line to $3 per day.

World Bank lowers India's growth forecast for FY26, but still projects it as the fastest-growing economy at 6.3%. In FY2026/27 and FY2027/28, growth is expected to recover to 6.6% a year, ...

India has lifted 171 million people out of extreme poverty between 2011-12 and 2022-23, according to the World Bank's Poverty & Equity Brief. Extreme poverty levels dropped from 16.2% to 2.3% ...

In India, the World Bank report said, 54,695,832 people lived on less than $3 per day in 2024. Thus, the poverty rate at $3 per day (2021 PPP -- percentage population) is 5.44 per cent in 2024.

India's extreme poverty rate fell from 27.1% in 2012 to 5.3% in 2022, lifting 269 million out of poverty. In contrast, Pakistan's extreme poverty rose from 4.9% in 2017 to 16.5% in 2021, with ...