India Lifts 171 Million Out of Extreme Poverty in a Decade
| Category | Details |
|---|---|
| Event | India lifted 171 million people from extreme poverty (2011-12 to 2022-23) |
| Source | World Bank's Spring 2025 Poverty and Equity Brief |
| Key Figures | Extreme poverty reduced from 16.2% (2011-12) to 2.3% (2022-23) |
| Rural Poverty | Fell from 18.4% (2011-12) to 2.8% (2022-23) |
| Urban Poverty | Fell from 10.7% (2011-12) to 1.1% (2022-23) |
| Lower-Middle-Income | Poverty rate at $3.65/day declined from 61.8% (2011-12) to 28.1% (2022-23), lifting 378 million |
| Top Contributing States | Uttar Pradesh, Maharashtra, Bihar, West Bengal, Madhya Pradesh (65% of extreme poor in 2011-12) |
| Multidimensional Poverty | MPI dropped from 53.8% (2005-06) to 16.4% (2019-21), 15.5% in 2022-23 |
| Revised Poverty Lines | Extreme poverty at 5.3%, lower-middle-income poverty at 23.9% (2022-23) |