
News about World Bank
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Narendra Modi · IndiaIn its latest update, the World Bank has revised India's poverty rate downwards. But it has also flagged issues with India's survey data, and by one measure, counts a quarter of Indians as poor. The numbers are complex, so let's unpack them.See the Story
Mint Explainer: What the World Bank's New Poverty Line Means for India
50% Right coverage: 10 sources

World Bank · PakistanThe World Bank has adjusted upward the income levels in an effort to measure global poverty, which has also pushed the percentage of Pakistanis living in poverty by to 44.7% — an outcome that may not still be fully reflecting the harsh ground realities due to the use of seven years old survey data.
The Washington-based lender on Thursday released its new international poverty line to reflect changes in the prices of goods and services and their …See the Story
WB Readjusts Poverty Line in Pakistan at 44.7%
60% Right coverage: 5 sources

Narendra Modi · IndiaIn a breakthrough for India’s fight against poverty, the Modi government has made substantial progress in reducing the number of people living in extreme poverty. According to the World Bank's latest report, the percentage of people living in extreme poverty in India has seen a dramatic decline over the last decade. From 27.1% in 2011-12, the poverty rate has fallen to just 5.3% by 2022-23, marking a significant achievement. Revised poverty line…See the Story
Extreme Poverty Rate Drops To 5.3% From 27.1% In India: World Bank Report
100% Right coverage: 2 sources