2024 Poverty Level Guidelines In India

2024 Poverty Level Guidelines In India. The september 2023 global poverty update by the world bank revealed that at the $3.65 poverty line, india accounts for 40% of the global poverty rate of 24.1%. Income poverty — the usual measure that we use to quantify poverty level or to identify the poor — is solely based on economic factors.

India poverty rate for 2019 was 80.70%, a 2% decline from 2018. India has revealed that nearly 250 million people have been lifted out of multidimensional poverty.