Great News!! India’s Extreme Poverty Plunges To 5.3% From 27.1% In A Decade: World Bank Report

Over 269 million people lifted out of extreme poverty since 2011-12; major progress attributed to targeted welfare schemes, rural development, and inclusive infrastructure under NDA governance.

New Delhi | June 7, 2025: In a landmark development, India’s extreme poverty rate has declined dramatically to 5.3% in 2022-23 from 27.1% in 2011-12, according to the latest World Bank report. This translates to over 269 million people rising out of extreme poverty over 11 years.

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In 2011-12, approximately 344.47 million Indians lived below the $3.00/day international poverty line (adjusted to 2021 prices). As per the report, that number dropped to just 75.24 million by 2022-23.

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Key Highlights of the Report:

• 269 million people lifted out of extreme poverty between 2011-12 and 2022-23.
• Rural poverty dropped from 18.4% to 2.8%, while urban poverty declined from 10.7% to 1.1%.
• Uttar Pradesh, Maharashtra, Bihar, West Bengal, and Madhya Pradesh—which housed 65% of India’s extreme poor in 2011-12—contributed to two-thirds of the total decline.
• As per the older $2.15/day benchmark (2017 prices), India’s poverty rate fell from 16.2% to 2.3%, with 33.66 million now below that line compared to 205.93 million in 2011.

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Multidimensional Poverty Also Declining

India has also achieved notable success in reducing multidimensional poverty:

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• MPI fell from 53.8% in 2005-06 to 15.5% in 2022-23.
• The decline reflects improvements in health, education, and living standards.

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Government Initiatives Driving the Change

Prime Minister Narendra Modi, marking 11 years of NDA governance, attributed this progress to transformative welfare initiatives, including:

• PM Awas Yojana (housing)
• PM Ujjwala Yojana (clean cooking fuel)
• Jan Dhan Yojana (financial inclusion)
• Ayushman Bharat (universal health coverage)
• Direct Benefit Transfer (DBT) and digital infrastructure for targeted delivery

These programs, according to the report and official statements, have enhanced access to basic services, reduced leakages, and enabled last-mile delivery, helping 25 crore people escape poverty.

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poverty in India, World Bank poverty report, India extreme poverty, Modi government welfare schemes, 2025 India development, PM Modi, rural development, Ayushman Bharat, Jan Dhan Yojana, India economic growth