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India Poverty Rate Plummets From 27.1% to 5.3%
The New Indian Express Madurai
|June 07, 2025
INDIA has recorded a dramatic decline in poverty, with the proportion of people living below the World Bank's revised international poverty line of $3.00 per day (2021 Purchasing Power Parity, PPP) dropping from 27.1% in 2011 to just 5.3% in 2022.
The updated poverty threshold, up from the earlier $2.15 line based on 2017 PPP, aims to better reflect today's global prices and cost-of-living standards.
This revision offers a clearer, more realistic view of deprivation and development across countries. For India, the new metric underscores decades of progress in fighting poverty, particularly since the early 2000s.
Dit verhaal komt uit de June 07, 2025-editie van The New Indian Express Madurai.
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