India’s Extreme Poverty Falls Sharply to 5.3%: World Bank Hails 269 Million Uplifted

Brief by Shorts91 Newsdesk / 07:47am on 07 Jun 2025,Saturday India

India's extreme poverty rate has dropped from 27.1% in 2011-12 to just 5.3% in 2022-23, according to the World Bank. Approximately 269 million people were lifted out of extreme poverty during this period. Rural poverty declined from 18.4% to 2.8%, while urban poverty fell from 10.7% to 1.1%. Major states like Uttar Pradesh, Maharashtra, and Bihar led the reduction. At the $2.15/day line, poverty now affects only 2.3% of Indians. Government schemes like Jan Dhan, Ujjwala, Awas Yojana, and Ayushman Bharat, along with Direct Benefit Transfers, have been credited for empowering citizens and expanding last-mile welfare delivery. (PC: NDTV)

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