World Bank: India surpasses China in population, reports rapid poverty reduction
1 report, 1 independent
Updated Sat 00:00
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What happened
The World Bank reported that between 2011 and 2023, approximately 496 million Indians escaped privation. During this period, the proportion of Indians living in extreme poverty declined from 27.1% to 2.6%. India also surpassed China as the world's most populous country in 2023.
From trinidadtimes.com
Why it matters
The figures highlight India's rapid economic growth, which the World Bank attributes to effective government policies. This rapid progress contrasts with China's historical poverty reduction timeline, which took four decades to lift 800 million people out of poverty (figures cited are from 2020).
From trinidadtimes.com
Who's involved
- ChinaThe nation whose population and poverty metrics are compared to India's