India's 'extreme poverty rate' fell drastically from 27.1% in 2011-12 to 5.3% in 2022-23, World Bank says

India has managed to reduce its 'extreme poverty rate' from 27.1% in 2011-12 to 5.3% in 2022-23, data by the World Bank said, indicating that India's economic trajectory has seen a transformative shift in the last decade.
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