Time Magazine’s online news portal reports on a significant reduction in the number of people living in poverty in Bangladesh. According to the article, The World Bank announced that number of people living in poverty dropped from 63 million in 2000 to 47 million in 2010. The proportion of the population living below the poverty threshold — also known as ‘poverty rate’- was reduced to 26 percent from 29.5 percent.
These under-reported figures deserve a noteworthy mention for a country that is plagued by poverty, natural calamities and infrastructural breakdown.