write a shot not on poverty the calculation in India
Answers
Explanation:
As India is one of the fastest-growing economies in the world, poverty is on the decline in the country, with close to 18 Indians escaping extreme poverty every minute, as per the World Poverty Clock. India had 53.5 million people living in extreme poverty which makes up 4% of its total population, according to the Brookings report. In May 2012, the World Bank reviewed and proposed revisions to their poverty calculation methodology and purchasing power parity basis for measuring poverty worldwide. It was a minimal 3.6% in terms of percentage. As of 2020, the incidence of multidimensional poverty has significantly reduced, declining from 54.7 percent in 2005 to 17 percent in 2020. Despite the pandemic its economy is healing
As India is one of the fastest-growing economies in the world, poverty is on the decline in the country, with close to 18 Indians escaping extreme poverty every minute, as per the World Poverty Clock. India had 53.5 million people living in extreme poverty which makes up 4% of its total population, according to the Brookings report. In May 2012, the World Bank reviewed and proposed revisions to their poverty calculation methodology and purchasing power parity basis for measuring poverty worldwide.[1] It was a minimal 3.6% in terms of percentage. As of 2020, the incidence of multidimensional poverty has significantly reduced, declining from 54.7 percent in 2005 to 17 percent in 2020. Despite the pandemic its economy is healing.