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New estimates by the World Bank

Bijaya Laxmi by Bijaya Laxmi
January 25, 2021
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New estimates by the World Bank
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New Delhi: Corona is not just taking people’s lives; “It simply came to our notice then. “People are losing their jobs and their livelihoods are declining.” As a result, 11.6 crore to 12.6 crore people worldwide will fall into extreme poverty. This is according to a new estimate from the World Bank. This is higher than the number done by the World Bank in October last year. Considering the growth in June last year from a global economic point of view, in October 2020, the World Bank made an assessment of the effects of corona on poverty. According to the World Bank, 4.8 crore to 11.5 crore people will be impoverished by 2020. But this month the World Bank released its latest estimates. It estimates that between 11.4 crore and 12.6 crore people worldwide will be impoverished for Karona. The World Bank notes that the increase in global poverty in 2020 is indeed unpredictable. The petition for how many people in the world would have been poorer if they had not been crowned, and how many people have become poor because of being crowned, is considered a new poverty for the crowned ones. In addition, for the first time in the last 20 years, there will be a significant increase in the number of poor people, according to the World Bank. Over the past two decades, the number of people living in extreme poverty in the world has dropped by 100 million in the last two decades. But the World Bank has made it clear that some of these successes will have a negative impact on Karona.

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