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India poverty reduction bar chart 2011-2024 showing extreme, rural & urban poverty decline from 27.1% to 2.6% extreme poverty and 64.9% to 19.3% rural poverty
Explained / Nov 11, 2026

496 Million Indians Lifted Out of Poverty: How Growth & Welfare Drive Change

Significant progress has been made in reducing extreme poverty. Poverty at the international line of extreme poverty fell in India from 27.1 percent of the population in 2011-12 to 2.6 percent in 2023-24. These are positive signs of development, but within these levels of poverty is still considered an important indicator of development.

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