World Bank Projects India's Poverty Rate Will Fall to 12.1%
The World Bank says India's poverty rate is expected to drop from 14.2% to 12.1% within two years. This is a projection, not a measured result, so it will be checked against future data as the economy changes over that period.
Context
Context: The World Bank measures poverty using its own international yardsticks, adjusted for living costs, so its figures often differ from India's official estimates. Forecasts like this are usually revised as new survey data comes in.
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