As per the World Bank data, India has lifted 171 million people from extreme poverty in the decade between 2011-12 and 2022-23.
The World Bank's Spring 2025 Poverty and Equity Brief highlights this.
Extreme poverty (living on less than $2.15 per day) fell from 16.2 per cent in 2011-12 to 2.3 per cent in 2022-23.
Rural extreme poverty dropped from 18.4 per cent to 2.8 per cent, and the urban from 10.7 per cent to 1.1 per cent.
India was narrowing the rural-urban gap from 7.7 to 1.7 percentage points a 16 per cent annual decline.
As per the $3.65 per day Lower-Middle-Income Category poverty line, poverty fell from 61.8 per cent to 28.1 per cent, lifting 378 million people out of poverty.
India's five most populous states Uttar Pradesh, Maharashtra, Bihar, West Bengal, and Madhya Pradesh accounted for 65 per cent of the country's extreme poor in 2011-12.
They contributed to two-thirds of the overall decline in extreme poverty by 2022-23.
These states still accounted for 54 per cent of India's extremely poor (2022-23) and 51 per cent of the multidimensionally poor (2019-21).