- World Bank report highlights that India has lifted 50 crore people out of extreme poverty. - Prime Minister Narendra Modi noted the significant milestone in poverty eradication and inclusive development. - The data reflects broad welfare schemes and economic growth contributing to poverty reduction in India. - **World Bank:** An international financial institution comprising the IBRD and IDA that provides loans, credits, and policy advice to developing countries for capital projects and poverty reduction. - **Government of India:** The executive branch of the federal republic of India responsible for formulating national policies, administering laws, and implementing welfare and economic development schemes. **Introduction** According to a World Bank report cited by political leaders, India has successfully lifted approximately 50 crore people out of extreme poverty, highlighting major strides in inclusive growth, economic expansion, and social welfare delivery. **Core Issue and Detailed Points** - World Bank report highlights that India has lifted 50 crore people out of extreme poverty. - Prime Minister Narendra Modi noted the significant milestone in poverty eradication and inclusive development. - The data reflects broad welfare schemes and economic growth contributing to poverty reduction in India. **Key Statutory Bodies, Acts & Concepts** - **World Bank:** An international financial institution comprising the IBRD and IDA that provides loans, credits, and policy advice to developing countries for capital projects and poverty reduction. - **Government of India:** The executive branch of the federal republic of India responsible for formulating national policies, administering laws, and implementing welfare and economic development schemes.