India halved its poverty rate since 1990s – World Bank

Reuters Desmond Boylan

India, the second-most populous country in the world, has achieved annual growth exceeding 7 percent over the last 15 years and continues to pull millions of people out of poverty, according to the World Bank.

The country has halved its poverty rate over the past three decades and has seen strong improvements in most human development outcomes, a report by the international financial institution has found.

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