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Searched Tag: world bank report
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India's extreme poverty rate fell to 5.3% from 27.1%: World Bank

June 7, 2025, 11:35 AM - 4 min read

India’s extreme poverty rate has fallen sharply from 27.1% in 2011-12 to 5.3% in 2022-23, lifting 269 million people above the poverty line, according to the World Bank. The decline has been broad-based, covering both rural and urban areas across major Indian states.

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GST largest marginal contributor to poverty in Pakistan: WB

May 25, 2025, 05:30 PM - 3 min read

A World Bank study throws light on the impact of taxes on a nation reeling under fiscal inequality

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171 million Indians lifted out of poverty in 10 years: WB

April 26, 2025, 02:13 PM - 5 min read

India has lifted 171 million people out of extreme poverty between 2011–12 and 2022–23, the World Bank has said, citing a dramatic drop in both rural and urban poverty rates. However, wage inequality, informal employment, and concerns over data comparability continue to cast a shadow on India’s poverty alleviation success story.

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Employment in India rising faster than population: WB

April 26, 2025, 08:39 AM - 4 min read

India’s job market is growing faster than its working-age population, with rising female participation and falling urban unemployment, according to a World Bank report. However, challenges persist, including youth joblessness, informality in employment, and regional disparities in poverty and labour force participation.

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