India’s Transformed Poverty Story
The World Bank has revised the International Poverty Line (IPL) from $2.15/day to $3.00/day (2021 PPP).
Despite this higher threshold, India's economic numbers showed a sharp reduction in poverty, acting as a global outlier.
India used a revised method of Modified Mixed Recall Period (MMRP) that reduced the global poverty count by 125 million, offsetting a significant portion of the increase.
With MMRP, India’s 2022–23 poverty rate under the new $3.00 line was 5.25%, and just 2.35% under the older $2.15 line.
Despite this higher threshold, India's economic numbers showed a sharp reduction in poverty, acting as a global outlier.
India used a revised method of Modified Mixed Recall Period (MMRP) that reduced the global poverty count by 125 million, offsetting a significant portion of the increase.
With MMRP, India’s 2022–23 poverty rate under the new $3.00 line was 5.25%, and just 2.35% under the older $2.15 line.
| Year | Poverty Line (PPP/day) | Poverty Rate | People Below Poverty Line (Mn) |
|---|---|---|---|
| 2011-12 | $3.00 | 27.12% | 344.47 |
| 2022–23 | $3.00 | 5.25% | 75.2 |
Units: In Numbers
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