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2024 Asia-Pacific Human Development Report
November 10 , 2023
380 days
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- India has emerged among top countries with high income and wealth inequality.
- But the share of the population living in multidimensional poverty fell from 25 to 15 per cent between 2015-16 and 2019-21.
- In India, between 2000 and 2022, per capita income soared from USD 442 to USD 2,389.
- Whereas, between 2004 and 2019, poverty rates (USD 2.15 per day) plummeted from 40 to 10 per cent.
- Poverty remains persistently concentrated in states that are home to 45 per cent of the country's population but contain 62 per cent of its poor.
- India is expected to contribute 24 per cent to the global middle-class growth (192 million people).
- More than 185 million people continue to live in extreme poverty -- earning below USD 2.15 a day in the region.
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