India Lifts Over 17.1 Crore People Out of Extreme Poverty in a Decade: World Bank Report –

India has successfully lifted over 17.1 crore people out of extreme poverty in the last ten years. According to the World Bank’s Spring 2025 Poverty and Equity report, five states- Uttar Pradesh, Maharashtra, Bihar, West Bengal, and Madhya Pradesh- accounted for two-thirds of the overall decline in extreme poverty. In rural areas, extreme poverty fell from 18.4% in 2011-12 to 2.8% in 2022-23. While, in urban areas, poverty reduced from 10.7% to 1.1% over the same period. It added that India has witnessed positive trends in employment growth, particularly since 2021-22. The report also showed the rise of self-employment, particularly among rural workers and women, contributing to economic participation.