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According to the World Bank, What are low-income countries?

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In World Development Report brought out by the World Bank, the countries with per capita income of USD 12736 per annum and above in 2013, are called rich countries and those with per capita income of USD 1570 or less are called low-income countries. India comes in the category of low middle-income countries because its per capita income in 2013 was just US$1570 per income.

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