India has achieved a significant milestone in its fight against extreme poverty, with the latest World Bank data showing a dramatic decline in the extreme poverty rate from 27.1 per cent in 2011-12 to just 5.3 per cent in 2022-23. The number of people living in extreme poverty dropped from 344.47 million to 75.24 million over the 11-year period, indicating that 269 million people were lifted out of extreme poverty.
India sees sharp fall in extreme poverty, 269 million lifted out in 11 years: World Bank
