The World Bank Revised the Global Poverty Line
▪ The World Bank revised the global poverty line to $3/day (PPP 2021) from $2.15/day (PPP 2017) based on updated price data and survey methods.
▪ Global Poverty Line
▪ A poverty line defines the minimum daily spending needed for basic needs like food, clothing, and shelter.
▪ The global poverty line is adjusted using Purchasing Power Parity (PPP) to allow comparison
across countries regardless of currency value.
International Conference on Disaster Resilient Infrastructure (ICDRI) 2025
▪ Prime Minister of India addressed the International Conference on Disaster Resilient Infrastructure (ICDRI) 2025, held for the first time in Europe.
About Coalition for Disaster Resilient Infrastructure:
▪ CDRI is a global multilateral platform launched by India in 2019 to promote infrastructure
resilience against climate and disaster risks.
▪ Headquarters: Located in New Delhi.
▪ It aims to mobilize investments to make infrastructure climate- and disaster-resilient by 2050.
Economic Community of West African States (ECOWAS)
▪ It is the regional group established by signing the Lagos Treaty on the 28th of May 1975 in
Lagos, Nigeria.
▪ The Economic Community of West African States (ECOWAS) commemorated its 50th
anniversary in 2025.
▪ Headquarter: Abuja, Nigeria.
▪ It aims to promote cooperation and integration, leading to the establishment of an economic union in West Africa in order to raise the living standards of its peoples, and to maintain and enhance economic stability, foster relations-among Member States and contribute to the progress and development of the African continent.
