A study by the World Bank has concluded that nearly 80% of people who slipped into poverty in 2020 due to the COVID-19 pandemic hailed from India. Out of 7 crore people globally who became poor that year due to economic losses caused by the pandemic, Indians accounted for 5.6 crore. Globally, extreme poverty levels went up to 9.3% in 2020 compared to 8.4% in 2019, halting the progress made by poverty alleviation programmes worldwide for the first time in decades. In absolute numbers, 7 crore people were additionally pushed into extreme poverty by the end of 2020, increasing the global total of poor to over and above 70 crore.
— source thewire.in | 08/Oct/2022