World Bank: India Lifts 171 Million from Extreme Poverty in a Decade
Between 2011-12 and 2022-23, India significantly reduced extreme poverty, lifting 171 million people above the $2.15-a-day international poverty line. This dramatic decrease, impacting both rural and urban areas, saw India transition to lower-middle-income status. Five populous states drove much of this reduction, though poverty remains concentrated in these regions. Positive employment trends, including lower urban unemployment and increased female employment, are offset by high youth and graduate unemployment, along with a persistent gender gap in paid work.
John Q. Hosedrinker