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Home World India

Despite West Bengal raising threshold, India achieves big dip in extreme poverty

7 June 2025
in India
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Despite West Bengal raising threshold, India achieves big dip in extreme poverty
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Recent World Bank data indicates a substantial reduction in India’s extreme poverty rate, which fell from 27.1% in 2011-12 to 5.3% in 2022-23, effectively lifting around 270 million people out of extreme poverty. This significant decline is largely attributed to updated definitions of the poverty line and enhanced household survey data. Additionally, the success of free food transfers and a decreasing rural-urban poverty gap have played crucial roles in this progress.

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Tags: 2022-23 poverty statistics IndiaachievesBengalBigBreaking newsdipExtremeextreme poverty decline in IndiaGoogle newsindiaIndia extreme poverty rateIndia newsIndia news todayinternational poverty line changesPovertyraisingthresholdToday newsWestWorld Bank poverty line update
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