Govt: Refined consumption data helped defy the odds

added a post in National

2025-06-08 00:21:07 -

India's revised consumption data, incorporating improved survey methods and capturing more actual spending, significantly impacted the World Bank's global poverty benchmark. This led to a more realistic poverty line and a lower poverty rate for India, even with an increased threshold. India's data revision reduced the global extreme poverty count by 125 million.

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