According to a recent report by the World Bank, India has successfully lifted a staggering 171 million people out of extreme poverty between the years 2011-12 and 2022-23, resulting in a significant reduction in the poverty rate to 2.3%. This remarkable achievement translates to approximately 378 million individuals being brought above the poverty line of $3.65 per day. Despite these impressive strides, the country still faces challenges in areas such as youth unemployment and gender disparities in the workforce, even as overall employment rates continue to rise. The efforts to alleviate poverty in India have been commendable, but there is a pressing need to address these persisting issues to ensure sustainable and inclusive growth across the nation.

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India lifts 171 million out of extreme poverty, but challenges persist: World Bank_REPORT
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