A World Bank report showed India’s poverty rate fell from 57.7% to 16.1% between 2011-12 and 2023-24. About 49.6 crore people moved out of poverty during this period. The BJP said this progress happened under Prime Minister Narendra Modi, sparking a fresh political debate about economic development and the country's future.
A World Bank report has highlighted a significant decline in poverty in India, with 49.6 crore people moving out of poverty between 2011-12 and 2023-24. The poverty rate fell from 57.7% to 16.1%, while extreme poverty declined to 2.6%. The BJP has credited Prime Minister Narendra Modi's leadership for the progress, with party spokesperson Pradeep Bhandari targeting Rahul Gandhi over protest politics. The findings have triggered a fresh political debate over economic development and poverty reduction in India.