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Millions lifted out of extreme poverty in India, Says the World Bank.

Millions lifted out of extreme poverty in India, Says the World Bank.

Posted on April 18, 2022April 18, 2022 By Mohd Uzair 1 Comment on Millions lifted out of extreme poverty in India, Says the World Bank.
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Millions lifted out of extreme poverty in India, Says the World Bank.
Images; Picture; Representative image/ Sources LRA E ARCHIVES

Poverty in India is 12.3 percentage points lower in 2019 as compared to 2011. The poverty headcount rate has declined from 22.5 per cent in 2011 to 10.2 per cent in 2019.

According to policy research working paper of World Bank, Poverty reduction was higher in rural areas as compared to urban India. Rural poverty dropped by 14.7 per cent while urban poverty declined by 7.9 percentage points during 2011 to 2019.

According to the study, farmers with small landholding sizes have experienced higher income growth. Real incomes for farmers with the smallest landholdings have grown by 10 percent in annualized terms between the two survey rounds in 2013 and 2019 compared to a 2 percent growth for farmers with the largest landholding.

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Mohd Uzair

rehaishngo@gmail.com
http://Pranavwritesit.xyz
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current affairs Tags:Extreme Poverty, India, Millions lifted out of extreme poverty in India, Says the World Bank

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One thought on “Millions lifted out of extreme poverty in India, Says the World Bank.”

  1. Distinction Between Condition and Warranty says:
    June 25, 2022 at 3:43 pm

    […] There are millions of sale transactions which occur in the normal course, all around the world. There are certain provisions which need to be fulfilled because it is demanded by the contract. […]

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