Extreme Poverty Rate Drops To 5.3% From 27.1% In India: World Bank Report

Extreme Poverty Rate Drops To 5.3% From 27.1% In India: World Bank Report

Modi govt's success: India's poverty rate drops from 27.1% to 5.3% in a decade, says World Bank

In a breakthrough for India’s fight against poverty, the Modi government has made substantial progress in reducing the number of people living in extreme poverty. According to the World Bank's latest report, the percentage of people living in extreme poverty in India has seen a dramatic decline over the last decade. From 27.1% in 2011-12, the poverty rate has fallen to just 5.3% by 2022-23, marking a significant achievement. Revised poverty line…

Inconvenient data brushed aside: Cong slams govt after WB says extreme poverty in India declined

New Delhi, Jun 10 (PTI) The Modi government is celebrating a drop in extreme poverty to 5.3% but this is based on a poverty line of USD 3 per day which is certainly not enough to live with dignity, the Congress said on Tuesday and accused the Centre of brushing aside "inconvenient data".The opposition party's assertion came after the World Bank said India's extreme poverty rate declined sharply to 5.3 per cent over a decade from 27.1 per cent in…

India Lifts Millions Out Of Poverty While Pakistan Struggles, Reveals World Bank Report

"People in poverty reduced by 279 million, economy doubled": Hardeep Singh Puri on 11 years of Modi government

Union Minister Hardeep Singh Puri on Monday said that in the last 11 years of Prime Minister Narendra Modi’s government, India has seen major development, with poverty levels falling sharply and the economy growing fast. He said that according to the World Bank, 279 million people have come out of poverty, and the poverty rate has dropped from 24 per cent to 5.3 per cent. He also said the size of India’s economy has doubled from $2 trillion to $…

Empowering India: Historic Rise in Financial & Digital Inclusion

India’s welfare model has undergone a dramatic shift in the past decade, bringing essential amenities and financial stability to millions. From universal healthcare and housing programs to rural electrification and women’s empowerment schemes, the government’s push for 100% saturation of flagship initiatives has redefined governance. With over 171 million people lifted out of extreme poverty, […] The post Empowering India: Historic Rise in Finan…