Finance Minister Nirmala Sitharaman has said that extreme poverty in the country has declined from 27.1% to 2.6% between 2011 and 2023. The World Bank’s October 2026 Poverty and Equity report has highlighted country’s progress as one of the fastest poverty declines in the world.
In a social media post, Ms Sitharaman said that over 49 crore people have moved above the lower-middle-income poverty line during the same period.
