PoliticsPhoto: Deccan HeraldWorld Bank Reports Sharp Decline in India's Extreme Poverty
The World Bank's latest report shows India's extreme poverty rate fell from 27.1% in 2011 to 2.6% in 2023, lifting an estimated 496 million people out of poverty. BJP credits this decline to sustained policy efforts under Prime Minister Narendra Modi, highlighting inclusive development and the goal of a developed India by 2047. The report uses poverty thresholds of $3 and $4.20 per day at 2021 PPP.
Deccan Herald··New Delhi




