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According to World Bank, "Poverty headcount ratio at a defined value a day is the percentage of the population living on less than that value a day at 2017 purchasing power adjusted prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions."
Various poverty lines and resulting percentage of BPL population Method Line Figure % of poor population Poor population World Bank (2021) poverty line 1.90 (PPP $ day) 6 84m [7] lower middle-income line 3.20 (PPP $ day) 26.2 365m [7] upper middle-income line 5.50 (PPP $ day) 60.1 838m [7] Asian Development Bank (2014) poverty line
Share of population in extreme poverty, 1981 to 2017 Poverty rate map of India by prevalence in 2012, among its states and union territories Slums near the international airport in Mumbai/Bombay India Poverty rate since 1993 based on World Bank $2.00 ppp value. Poverty in India remains a major challenge despite overall reductions in the last ...
Nearly 135 million people, around 10% of India's population, escaped poverty in the five years to March 2021, a government report found on Monday. Rural areas saw the strongest fall in poverty ...
The level of extreme poverty on the planet is set to climb for the first time in more than two decades this year, as coronavirus pushes millions of people to the brink, the World Bank said Wednesday.
India surpassed the UK as the world’s fifth-largest economy in 2023, and analysts at Morgan Stanley agree with Modi in predicting it will overtake Japan and Germany to reach third position by 2027.
India, in 2019 has about 2.7% [1] population under poverty level and is no longer holding the largest population under poverty level, considering Nigeria and Congo. [2] On the other hand, the Planning Commission of India uses its own criteria and has estimated that 27.5% of the population was living below the poverty line in 2004–2005, down ...
The Tata group, one of India’s largest conglomerates, promised to be a good neighbor when it took on the job of building the nation’s first “ultra mega” coal-fired power plant. Find Out First ICIJ and The Huffington Post estimate that 3.4 million people have been physically or economically displaced by World Bank-backed projects since 2004.