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Uttar Pradesh, Maharashtra, Bihar, West Bengal and Madhya Pradesh, who were collectively responsible for 65 percent of India’s extremely poor people in 2011-12, contributed two-thirds of the overall decline in extreme poverty by 2022-23.
The latest data of the World Bank suggests that “completely, the number of people living in excessive poverty has come down from 344.47 million to only 75.24 million.” Assessment of the World Bank, which is based on the $ 3.00 per day international poverty line (using 2021 prices), shows a widespread decrease in both rural and urban areas.
According to the World Bank estimates, on $ 2.15 per day consumption-which was the previous poverty line based on 2017 prices-Indians living in excessive poverty are 2.3 percent of the share of 2.3 percent, which is much less than 16.2 percent of 2011-12.
According to the latest data, the number of people living below $ 2.15 per day in 2022 has been recorded at 33.66 million, which is less than 205.93 million in 2011. Statistics have also shown that this rapid decline has been seen equally, in the last 11 years, the excessive poverty has come down from 18.4 percent to 2.8 percent and urban excessive poverty has come down from 10.7 percent to 1.1 percent.
In addition, India has also made significant 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 reduced to 15.5 percent in 2022-23.
On the completion of 11 years of the BJP -led NDA government at the Center, Prime Minister Modi highlighted the important steps taken by the Center and focus on empowerment, infrastructure and inclusion to rescue people from poverty.
Initiations like Pradhan Mantri Awas Yojana, Pradhan Mantri 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 a strong rural infrastructure have ensured transparency and fast delivery of benefits to the end, which has helped over 25 crore people to overcome poverty.
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