According to the report, the number of people living in extreme poverty around the world is likely to fall to under 10 percent of the global population in 2015.
"India was home to the largest number of poor in 2012, but its poverty rate is one of the lowest among those countries with the largest number of poor," the bank said.
Giving fresh evidence that a quarter-century-long sustained reduction in poverty is moving the world closer to the historic goal of ending poverty by 2030, it said a new methodology applied to household surveys in India suggests that its poverty rate could be even lower.
According to the report, the poverty rate in low-income countries averages 43 percent in 2012, compared to 19 percent in lower-middle-income countries. Yet lower middle-income countries are home to about half of the global poor, compared to a third for low-income countries.
Investment in integration and connectedness through railroads in India helped reduce the exposure of agricultural prices and real income to rainfall shocks, and helped diminish the famine and mortality risks associated with recurrent weather shocks, it said.
In its report, the bank uses an updated international poverty line of USD 1.9 a day, which incorporates new information on differences in the cost of living across countries.
The new line preserves the real purchasing power of the previous line (of USD 1.25 a day in 2005 prices) in the world's poorest countries.


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