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In a major milestone for India’s economic and social development, around 269 million people have been lifted out of extreme poverty between 2011-12 and 2022-23, according to the latest World Bank estimates. The extreme poverty rate in India has plummeted from 27.1% to 5.3% in just over a decade, reflecting strong improvements in both rural and urban regions.
Uttar Pradesh, Maharashtra, Bihar, West Bengal, and Madhya Pradesh—states that earlier accounted for the bulk of India’s extreme poor—have driven nearly two-thirds of the national poverty reduction. Rural poverty dropped from 18.4% to 2.8%, while urban poverty declined from 10.7% to just 1.1%, showcasing the impact of targeted welfare schemes and infrastructural growth.
This success is attributed to flagship programs such as PM Awas Yojana, Ujjwala Yojana, Jan Dhan Yojana, and Ayushman Bharat, as well as digital inclusion, Direct Benefit Transfer, and rural development efforts. The World Bank also noted a sharp fall in India’s multidimensional poverty, signaling broader improvements in health, education, and living standards.
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West Bengal
Bihar
Uttar Pradesh
Jharkhand