POVERTY REDUCTION IN INDIA
Maoists gone, but 'dimagi Naxals' instigating people against Constitution and democracy: PM Modi
Prime Minister Narendra Modi highlighted the elimination of armed Maoists while addressing the ideological threat of 'dimagi Naxals'. He emphasized the need to identify and defeat these elements infiltrating various organizations and political parties. Modi referenced past failures in addressing Naxalism while stating that strong policies and political will led to significant improvements.
Poverty low, expectations high: India’s next challenge is creating jobs and driving reforms
Poverty rates in India have decreased remarkably, with expectations rising for future economic prosperity and growth. Initiatives like Direct Benefit Transfer and Swachh Bharat Mission have significantly improved living conditions. However, while the government has driven welfare improvements, job creation remains the role of entrepreneurs.
Fairness, churn, and India's rise: India has lifted millions out of poverty, but the next big challenge is helping people climb further
India's poverty rate has fallen sharply, with nearly 496 million people moving above the World Bank's lower-middle-income poverty line between 2011-12 and 2023-24. However, the next challenge is to expand economic mobility, improve wages and create opportunities. The article examines why growth, fair access and social mobility matter more than focusing on inequality alone.
Modi says 500 million people lifted out of extreme poverty in 10-12 years, cites World Bank report
Prime Minister Narendra Modi said India has lifted 500 million people out of extreme poverty over the past 10-12 years, citing a recent World Bank report. Speaking after virtually inaugurating Pune Metro Line 3, he linked economic growth and poverty reduction to infrastructure investment, direct benefit transfers and job creation.
NDA government stands firmly with farmers amid drought situation: PM Modi
Prime Minister Narendra Modi affirmed his government's commitment to assist drought-affected farmers in Maharashtra. He emphasized the importance of ensuring the happiness of farmers during the festive season. The Maharashtra state government has declared 85 percent of the state drought-hit and announced interim aid.
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Around 50 crore people came out of extreme poverty in India in last 10-12 years: PM Modi
Prime Minister Narendra Modi has proudly announced that approximately 50 crore individuals have recently risen above extreme poverty levels in India. He highlighted the government's strategy of prioritizing empowerment over mere financial support. Modi underscored the connection between economic advancement and poverty alleviation, attributed to strategic investments in infrastructure and welfare programs, like the Garib Kalyan Mela initiative, enhancing direct benefits to the needy.
Sudhanshu Trivedi targets Congress over mock Parliament, cites World Bank report
Sudhanshu Trivedi criticized the Congress party for organizing a mock Parliament after their recent failures. He emphasized the significant reduction in poverty in India under Prime Minister Narendra Modi's leadership from 2011 to 2023. Trivedi referenced the World Bank's report claiming only 2.6 percent of the population remains in extreme poverty today. The Gini Index results also showed that India ranks among the most economically equal countries globally.
India lifted 496 million people out of poverty between 2011 and 2023, says World Bank
Between 2011 and 2023, India successfully elevated about 496 million people from poverty, showcasing a significant reduction in those living below the poverty threshold. A steep decline in extreme poverty reflects improved living conditions. However, income inequality lingers across different job sectors and regions. The World Bank forecasts ongoing reductions in poverty levels, but at a more gradual rate than before.
India records one of the fastest poverty declines in the world, poverty down from 27.1% to 2.6%: World Bank
India has seen a significant decline in poverty, with the rate dropping from 27.1 percent to 2.6 percent. Approximately 496 million people were lifted out of poverty between 2011 and 2023. Employment has increased, particularly among rural women, which contributed to this progress. However, youth unemployment has also risen, particularly among young rural women. The report highlights the need for productive employment opportunities to continue reducing poverty.
World Bank should focus on mobilising greater private capital and creating jobs, says FM Sitharaman
Nirmala Sitharaman emphasized the importance of private capital in creating jobs and boosting productivity during her address. She outlined six priorities for the World Bank Group to enhance its development impact, integrating private sector engagement. Sitharaman highlighted the need for affordable financing and addressing market failures to foster job creation. She advocated for a review of governance indicators to better represent developing countries.
Healthcare paradox: More access, but who pays?
Scaling too fast is irrelevant. The real problem is that India still confuses more hospitals, more doctors and more medicines with better healthcare.
‘Productivity growth in consumer services is powering India’s rise’
Dani Rodrik highlights the relationship between ending poverty, boosting the global middle class, and addressing climate change. He emphasizes the importance of transitioning from manufacturing to services in the global economy. As digital technologies evolve, they enhance productivity in services and create equitable opportunities. The decline of the middle class threatens democracy, leading to political instability in many countries.
India a 'bright spot' amid uncertainty: Shaktikanta Das
India recorded average annual real GDP growth of 7.9% between 2021-22 and 2025-26, while growth in the first quarter of 2026-27 stood at 7.8%, he noted. He attributed the momentum to domestic demand, industrial and services activity, and a series of structural reforms.
India is a stable economy with the ability to withstand external headwinds, says DEA Anuradha Thakur
India has established its economy as stable amidst global uncertainty, with significant growth in GDP from $2.5 trillion to $4.3 trillion, Department of Economic Affairs Secretary Anuradha Thakur said. Government initiatives have focused on developing strategic sectors such as semiconductors and critical minerals, aiming to enhance economic resilience, she added.
Worsening El Nino threatens Asia with drought, potentially raising food prices globally
Experts warn that the current El Nino phenomenon could become one of the most intense in recorded history, raising alarms over possible devastating droughts and chaotic weather patterns throughout Asia and other regions.
BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitions
BRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more representative global order. The document outlines India's 2026 chairship priorities, recognises partner countries' contributions and calls for greater participation of Emerging Markets, Developing Countries and Least Developed Countries in global governance.
270 million Indians out of extreme poverty list: World Bank
India has made remarkable progress in reducing extreme poverty. World Bank data shows nearly 270 million people moved out of extreme poverty between 2011-12 and 2022-23. The poverty rate fell significantly, even with a raised global poverty threshold. This achievement highlights India's commitment to evidence-based governance and sustained reforms. Spending inequality has also narrowed across the country.
Extreme poverty in India down to 5.3% in 2022-23: World Bank
India witnessed a significant decline in extreme poverty, dropping from 27.1% in 2011-12 to 5.3% recently, even with the World Bank's revised poverty line of USD 3 per day. This reduction was supported by free and subsidized food transfers, narrowing the rural-urban poverty gap.
India lifted 170 million out of poverty in a decade: World Bank
A World Bank report reveals India lifted 170 million people out of poverty between 2011-12 and 2022-23, with extreme poverty declining significantly. Rural areas saw a greater reduction in poverty compared to urban areas. While consumption inequality improved, income inequality, as per another database, showed an increase, with wage disparities remaining high.
Centre needs to extend policy focus beyond 'roti, kapda, makaan', says the office of CEA
As per the document, Indian witnessed a decline in inequality of consumption in the decade before the LPG reforms of 1991 due to regulatory distortions and state interference, while the rise in inequality after the 1991 reforms were an outcome of market incentives for entrepreneurship and innovation. "The impact of Covid-19 on inequality has been transitory, with the public distribution system and rise in food subsidy substantially curbing a rise in distress levels," it said.
India is taking millions of its people out of extreme poverty now — this will help to reduce global economic inequality: Justin Wolfers
"The biggest low-income nations have moved closer to becoming middle-income — that itself helps to reduce global income inequality. Regarding inequality within countries, consider the US. Here, income inequality grew for four decades — you could put that on Reagan, globalisation, automation, etc," Wolfers said.
India sees 415 million people coming out of poverty in 15 years: United Nations
India witnessed an achievement in poverty reduction as 415 million people moved out of poverty within 15 years, from 2005/2006 to 2019/2021, according to the United Nations. The Multidimensional Poverty Index update also highlighted that 25 countries, including China, Cambodia, and Vietnam, managed to halve their global MPI values within the same timeframe, demonstrating the possibility of rapid progress, but acknowledged the negative effects of the COVID-19 pandemic on poverty reduction.
View: Despite doubts, there’s enough proof to conclude that foreign trade is good for poor
Areas where workers faced foreign competition tended to have greater reduction in poverty rates.
India should focus more on reducing poverty than inequality: Arvind Panagariya
Inequality is complex as well as multi-dimensional and in developing countries like India, poverty reduction should take precedence over inequality removal, Panagariya said.
'Vested interests setback to India's poverty reduction quest'
The economist said it was "ironical" that during the peak period of the country's development, the corresponding indexes for poverty reduction, nutrition and health status have declined.
India to meet poverty reduction goal by 2015: UN Report
Despite widespread poverty in the country, India is on track to meet UN's Millennium Development Goal (MDG) of poverty reduction by 2015, a UN report said.
India needs high GDP growth to reduce poverty at faster pace: Montek Singh Ahluwalia
The reduction in poverty will be slower if the economic growth is not brought back on high growth track, said Planning Commission Deputy Chairman Montek Singh Ahluwalia.
Slippage in growth below 6% will make poverty reduction distant goals
To achieve a reduction in the number of deprived households, we need a minimum of 6% growth in the economy. Thus, high growth is equally important for poor.
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