World underestimates India's achievements in reducing extreme poverty: Brookings Institution

US-based think-tank Brookings Institution has said the world may have underestimated India's achievements in reducing extreme poverty at a fast pace.

The number of people living in extreme poverty at USD 1.90 per day is likely to come down to 50 million by the year end as compared to 268 million in 2011, Brookings said in its report 'Rethinking global poverty reduction in 2019'.

Highlighting India's success at poverty reduction, it said, "The soon-to-be-largest country in the world has been reducing extreme poverty fast and the world may have underestimated India's achievements."