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Poverty in India - New research report
December 17 , 2025
15 hrs 0 min
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- The new paper authored by Columbia University professor and Sixteenth Finance Commission Chairman Arvind Panagariya and others.
- India has “virtually eliminated” extreme poverty between 2011-12 and 2023-24.
- The national poverty rate fell from 21.9% (of the population) in 2011-12 to 2.3% in 2023-24.
- It is a decline of 19.7 percentage points over 12 years, or 1.64 percentage points per annum.
- The World Bank defines extreme poverty as living on less than $3 per person per day in purchasing power parity (PPP) terms.
- As per the authors, it is close to the Tendulkar poverty line, the last officially adopted poverty line.
- The national (Rural+urban) poverty line based on the Tendulkar method was set at Rs 932 per person per month in 2011-12, Rs 1,714 in 2022-23 and Rs 1,804 in 2023-24.
- The rate of poverty among Hindus is estimated at 2.3%, for Muslims it is 1.5%, for Christians 5%, for Buddhists 3.5%, and for Sikhs and Jains 0%.
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