Brief by Shorts91 NewsDesk / 05:27am on 09 Jun 2025,Monday India Global
According to the World Bank's Global Economic Prospects report, India has achieved a "significant reduction in poverty," while nearly 45% of Pakistan’s population remains impoverished. The report attributes India’s success to strong economic growth and effective government schemes. Conversely, Pakistan’s economic struggles, including high inflation and slow growth, have worsened poverty levels. The World Bank also projects India’s economy to grow at 6.6% in 2025, compared to Pakistan's sluggish 2.3%. This divergence reflects broader South Asian economic contrasts, with India emerging as a regional economic leader. The findings underscore the critical role of governance and policy stability in shaping national economic and social outcomes. (PC: Investopedia & News18)
