India's Poverty Drop: 269 Million Lifted Out of Extreme Poverty

  Published 10 months ago

India's extreme poverty fell from 27.1% to 5.3% (2011, 12 to 2022, 23), lifting 269 million people above the USD 3.00/day threshold.

  • Extreme poverty dropped from 344.47M to 75.24M, with 5 states accounting for 65% of both the initial poor and the reductions.
  • Rural poverty fell 18.4% to 2.8%, urban from 10.7% to 1.1% between 2011-12 and 2022-23.
  • World Bank data highlights India's 11-year progress, reducing extreme poverty by over two-thirds.

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