Almost 129 million Indians are living in extreme poverty in 2024, on less than $2.15 (about Rs 181) a day, down from 431 million in 1990, the World Bank said in report on Tuesday. However, with a higher poverty standard of $6.85 (about Rs 576) per day – the poverty threshold for middle-income countries – more Indians are living below the poverty line in 2024 than in 1990, primarily driven by ‘population growth’. Earlier, the World Bank had said that extreme poverty in India had declined by 38 million in 2021 to 167.49 million after growing in the preceding two years.
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