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Poverty and Equity Brief for India by World Bank October 2026

By TEAM CIRCULAR EXPRESS • 15 Nov 2026
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• This World Bank brief reports that India's extreme poverty ($3.00/day) fell to 2.6% in 2023, while the $4.20/day poverty rate dropped to 16.1%.
• Progress is driven by consumption growth, employment, and social transfers.
• Poverty remains concentrated in a belt from Uttar Pradesh to West Bengal.
• Youth unemployment rose to 15.9% in early 2027, and real earnings remain stagnant in low-productivity sectors.
Purpose of issuance
Poverty and equity analysis for India
Most Important Details
Extreme poverty ($3.00/day) at 2.6% in 2023; 496 million people lifted out of poverty since 2011; youth unemployment at 15.9% in Q1 FY2027; 57% of poor population concentrated in Uttar Pradesh to West Bengal belt.
Issuing Authority
World Bank
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