Poorest in rich countries better off than India's wealthiest 10%: WB
Dhaka, Oct. 12 -- The poorest 10 percent of people in some of the world's richest countries have higher daily income or consumption levels than the richest 10 percent in India, according to data from the World Bank's 2026 Poverty and Inequality Platform.
The comparison highlights the wide gap in living standards between India and advanced economies and suggests that raising incomes across the population, rather than addressing poverty alone, remains a key challenge for the country, Indian media outlet NDTV writes.
The daily income or consumption threshold for the poorest 10 percent of Indians is around $3 per person, according to the data cited in the comparison.
The corresponding threshold is about $25 in the United States, $31 in Can...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.