Has globalization decreased the poverty rate in India?

Yes, globalization has contributed to a decrease in the poverty rate in India. Since the economic liberalization in the 1990s, India has experienced significant economic growth, leading to increased job opportunities and higher incomes for many. This growth has lifted millions out of poverty, though disparities remain, and challenges such as unemployment and rural poverty persist. Overall, while globalization has played a crucial role in reducing poverty, its benefits have not been uniformly experienced across all segments of the population.