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India's Extreme Poverty Falls from 27.1% to 2.6%: World Bank Report

30 October, 2026
1 min read
India's Extreme Poverty Falls from 27.1% to 2.6%: World Bank Report
CategoryDetails
ReportWorld Bank's Poverty and Equity Brief (October 2023)
Extreme Poverty DeclineFrom 27.1% (2011) to 2.6% (2023)
People Lifted Out of Poverty496 million
Factors for Poverty Reduction
1. Rapid consumption growth
2. Rise in employment (especially rural women)
3. Social security expansion
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