October 31, 2026 9:38 AM
India demonstrates fastest, most expansive poverty reduction in modern history: Piyush Goyal
The World Bank Group’s ‘October 2026 Poverty & Equity Brief’ confirms that India has demonstrated one of the fastest and most expansive poverty reduction in modern history, according to Commerce and Industry Minister Piyush Goyal. The report states several significant gains, including 49.6 crore people moving above the lower-middle-income poverty line of $4.20 a day between 2011 and 2023, with the poverty rate declining from 57.7 per cent to 16.1 per cent. This has been accompl...


