India cuts extreme poverty but prosperity gap stays wide
In short
India has made progress in reducing extreme poverty, but many people are still far from a comfortable life. The report says informal jobs, weak wage growth and too few good jobs are still holding people back.
What the reporting says
India has reduced extreme poverty, but a high prosperity gap still leaves millions short of a comfortable standard of living. The reporting points to informal work, stagnant wages and limited job opportunities as barriers to upward mobility.
Why it matters
India has reduced extreme poverty, but the reporting says a large prosperity gap still leaves millions far from comfortable living standards. Informal work, stagnant wages and limited employment opportunities are cited as the main constraints on upward mobility.