- A World Bank report titled India Poverty and Equity Brief: October 2026, India has achieved one of the fastest poverty declines in the world.
- Decline in extreme poverty: The proportion of the population living below the international extreme poverty line of $3 per person per day (measured in 2021 purchasing power parity) declined from 27.1% in 2011 to 2.6% in 2023.
- Poverty measured against the Lower Middle-Income Country poverty line of $4.20 per person per day declined from 57.7% to 16.1% between 2011 and 2023, lifting an estimated 496 million people out of poverty. Read More
India’s Poverty Decline Is Among the Fastest Globally
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India’s Progress in Poverty Reduction