India moved 171 million people out of extreme poverty between 2011–12 and 2022–23

Current Context: The World Bank released the Poverty & Equity Brief on April 26, 2025, during its Spring Meetings. Here's what the report highlights in detail:

Extreme Poverty Reduction:

• India lifted 171 million people out of extreme poverty between 2011–12 and 2022–23.
• Extreme poverty, defined as living on less than $2.15/day, fell from 16.2% to 2.3%.

Lower-Middle-Income Transition:

• India's poverty at the $3.65/day threshold reduced from 61.8% to 28.1%, lifting 378 million people out of poverty.
• The report emphasized significant progress in rural poverty reduction, narrowing the rural-urban poverty gap.

Contributing Factors:

• Improved employment opportunities, targeted social welfare schemes, and better access to education and healthcare played key roles.
• Focus on gender equity and multi-dimensional poverty reduction added to the success.

Future Challenges:

• The report acknowledged remaining disparities and emphasized the need for sustained efforts in rural and urban areas.

Question:

Q.1 According to the World Bank's Poverty & Equity Brief (2025), how many people did India lift out of extreme poverty between 2011–12 and 2022–23?
a) 100 million
b) 151 million
c) 200 million
d) 171 million

Answer: d) The report states that India lifted 171 million people out of extreme poverty (less than $2.15/day) in the given period.