India is a country known for its diversity. Here everything is seen here, green deserts, golden desert and blue sea. But an inequality is also hidden between this diversity. This inequality is of richness and poverty. Due to this problem, there has been a change in many times from the power of the country to the system. This gap has started since Kovid in recent years. In the last one year, there has been a rapid decrease in poverty data in India. A latest report of the World Bank has come, which has seen a decrease in the rate of poverty in India in the last 11 years.

How much poverty has reduced in India

According to this report, poverty in India has come down from 27.1% in 2011-12 to 5.3% in 2023-24. In this report, the World Bank revised its poverty line and fixed three dollars per day based on 2021 prices, which is 15% more than the earlier $ 2.15 limit. According to this new standard, 5.44 million people in India were living less than three million dollars per day in 2024. According to the report, the rate of excessive poverty has also come down between 2011 and 2023 and it has come down from 16.2% to 2.3%. According to this, about 17.1 crore people came above the poverty line so far. Poverty figures in both rural and urban areas have decreased. This report states that 54% of extremely poor people live in five most populous states.

How many people have been rich so far

Talking about the rich in India, the Night Frank’s The Wealth Report 2025, which came in March 2025, states that the number of rich is rising rapidly here. Not only this, the figure of richness is expected to increase further in the coming few years. High net worth individuals in India, ie those who have assets worth more than Rs 87 crore, can reach around 93,753 by 2028. In the year 2024, this number has increased from 80,686 to 85,698. In the next four years, more than 8000 new rich are expected to be added to it. This shows India’s economy growing rapidly. India is also becoming one of the countries making wealth in the world.

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World bank on india: According to the latest data of the World Bank, as an important achievement under Prime Minister Narendra Modi’s government, India has made progress in reducing its excessive poverty rate in the last decade. The excessive poverty rate in the country has been reduced from 27.1 percent to 5.3 percent in 2022-23 in 2011-12.

A total of 344.47 million people in India were living in extreme poverty during 2011-12, which has come down to about 75.24 million people during 2022-23.

According to World Bank data, 269 million persons were taken out of extreme poverty in about 11 years as a significant progress in India.

Uttar Pradesh, Maharashtra, Bihar, West Bengal and Madhya Pradesh used to live 65 percent of India’s very poor people during 2011-12. At the same time, these states contributed two-thirds of the total decline in excessive poverty by 2022-23.

What was the scale of poverty measurement?

The latest data of the World Bank suggests that the number of people living in excessive poverty has come down from 344.47 million to only 75.24 million. Its assessment is based on three dollars per day international poverty line (using 2021 prices), indicating a widespread decrease in both rural and urban areas.

According to World Bank estimates, on $ 2.15 per day consumption (Back Poverty Line based on 2017), Indians living in excessive poverty are 2.3 percent, which is much lower than 16.2 percent recorded in 2011-12.

According to the latest data, the number of people living below $ 2.15 per day in 2022 was recorded at 33.66 million, which was recorded at 205.93 million in 2011.

Poverty decreased in villages and cities

Statistics also showed that this rapid decline was equally seen, in which rural excessive poverty declined from 18.4 percent to 2.8 percent and urban excessive poverty declined from 10.7 percent to 1.1 percent in the last 11 years. Apart from this, India has also made great progress in reducing multidimensional poverty.

According to the data, the multi-faceted poverty index (MPI) declined from 53.8 percent in 2005-06 to 16.4 percent by 2019-21 and declined further to 15.5 percent in 2022-23.

Focus on removal of poverty in 11 years

On the completion of 11 years of the BJP -led NDA government at the Center, Prime Minister Modi described the focus on important steps, infrastructure and inclusion taken by the Center to get people out of poverty.

Initiatives like PM Awas Yojana, PM Ujjwala Yojana, Jan Dhan Yojana and Ayushman Bharat have increased access to housing, clean cooking fuel, banking and healthcare.

Direct benefits transfer (DBT), digital inclusion and strong rural infrastructure have ensured transparency and rapid delivery of benefits to the end, which has helped over 25 crore people to overcome poverty.