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Poverty will end by 2031 in India: Arun Jaitley

New Delhi: Union Finance Minister Arun Jaitley addresses during the 93rd Annual Day celebrations of Shri Ram College of Commerce in New Delhi, on April 6, 2019. (Photo: IANS)

Each and every Manifesto of all the political parties include the eradication of poverty since decades but nothing much happened with the schemes like 'Gareeb Hatao.'

More than 21 percent of India’s 1.3 billion people lived on less than $1.90 a day in 2011, when the last census was taken, according to the World Bank.

India’s finance minister said on Monday fast economic growth and rapid urbanization would slash the number of people in extreme poverty by 2021 and end it completely in the decade after that.

Arun Jaitley has said the number of people living in poverty would drop to below 15% in the next three years and to "negligible levels" by 2031. "Urbanisation will increase, the size of middle-class will grow and the economy will expand manifolds," he said. "These will add to the number of jobs and...every section of citizens will benefit," Jaitley added.

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