The Covid-19 Pandemic Could have pushed over 70 million people into extreme poverty globally in 2020, with India accounting for 56 million of them, suggests a World Bank study published last week.
The report titled “Poverty and Shared Prosperity 2022” Stated that the pandemic proved to be a major setback to global poverty. It led to a rise in the global extreme poverty rate, which increased from 8.4 per cent in 2019 to 9.3 per cent in 2020.
According to World Bank, the most populous Countries were the biggest contributor to the increase in global poverty.
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