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Time of India
4 days ago
- Business
- Time of India
Bihar among select states in poverty reduction: Minister
Patna: Bihar is among the select states that have contributed significantly to the national decline in poverty, water resources development (WRD) minister Vijay Kumar Choudhary said on Tuesday. Speaking to the reporters at the JD(U) office, Choudhary referred to the recently released World Bank report as proof of the public welfare policies pursued by the NDA govts at both the Centre and the state under the leadership of PM Narendra Modi and CM Nitish Kumar. "The economic condition of the poor has improved a lot due to the far-sighted policies of the government," the minister said. In its 'Spring 2025 Poverty and Equity Brief', the World Bank acknowledged India's decisive efforts in combating poverty over the past decade, lifting 171 million people out of extreme poverty. The report said that the proportion of people living on less than US$2.15 per day – the international benchmark for extreme poverty – declined steeply from 16.2% in 2011-12 to just 2.3% in 2022-23. Further, according to the NITI Aayog's Multidimensional Poverty Index (2023), Bihar's poverty rate fell from 51.91% in 2015-16 to 33.76% in 2021-22. The report also stated that while Uttar Pradesh recorded the largest decline with 5.94 crore people escaping multidimensional poverty over the past nine years, Bihar followed with 3.77 crore people coming out of poverty since 2005-06. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với mức chênh lệch giá thấp nhất IC Markets Đăng ký Undo Taking a swipe at the RJD, Choudhary said "nothing could be more ridiculous than the party led by Lalu Prasad talking about dynasty politics in the state." "The development of Bihar is being discussed not only across the country but also on global platforms, yet the opposition fails to recognise this progress. This reflects their narrow mindset," he added. Food and consumer protection Minister Leshi Singh also criticised the opposition. "They do not have any real issues, so they are resorting to baseless allegations. But the aware people of Bihar will foil their every move," she said. Minority welfare minister Jama Khan said the positive impact of CM Nitish Kumar's initiatives for the welfare and upliftment of minority communities is clearly visible on the ground. "At the same time, the role of the opposition is now limited to spreading lies and confusion, which the public has understood well," he said.
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Business Standard
09-06-2025
- Business
- Business Standard
India's war on poverty: 171 million people rise above extreme deprivation
In its stride towards inclusive growth, India has achieved remarkable milestones in its battle against poverty, transforming lives across rural and urban landscapes. Over the past decade, India lifted 171 million people out of extreme poverty, according to the World Bank's 2025 Spring Poverty and Equity Brief. The proportion of Indians living on less than $2.15 a day fell from 16.2 per cent in 2011–12 to just 2.3 per cent in 2022–23. At the $3.65 benchmark for lower-middle-income nations, poverty rates dropped from 61.8 per cent to 28.1 per cent, marking a monumental shift in livelihoods. The Multidimensional Poverty Index (MPI) also showcased progress, with poverty levels plummeting from 53.8 per cent in 2005–06 to 16.4 per cent in 2019–21, according to a government report titled 'Sabka saath sabka vikas sabka vishwas sabka prayas'. Better living standards and more jobs >Rural monthly per capita consumption (MPCE) rose from ₹1,430 in 2011–12 to ₹4,122 in 2023–24, nearly a threefold increase. >Urban monthly per capita consumption increased from ₹2,630 to ₹6,996 over the same period. >The EPFO reported a net addition of 1.456 million members in March 2025, indicating growing formalisation of jobs, according to the report. Provision for water, housing, electricity The government's commitment to ensuring essential services is evident. Under the Jal Jeevan Mission, 155.9 million rural households now have tap water connections. Housing for all has become a reality with nearly 40 million homes completed under the Pradhan Mantri Awas Yojana (PMAY), including over nine million urban homes predominantly owned by women. Electrification efforts through SAUBHAGYA reached 28.6 million households, enhancing rural supply from 12.5 to 22.6 hours daily. Ayushman Bharat scheme now covers 550 million people, extending healthcare access to the vulnerable. Meanwhile, Swachh Bharat Mission delivered over 120 million household toilets, transforming sanitation. The Pradhan Mantri Garib Kalyan Anna Yojana ensured food security for 810 million beneficiaries, with an allocation of ₹11.80 trillion until 2028. Financial security and livelihoods Financial inclusion got a boost through the PM Jan Dhan Yojana, with 551.7 million bank accounts and ₹2.61 trillion in deposits. The Pradhan Mantri Mudra Yojana sanctioned ₹34.11 trillion in loans, with 68 per cent allocated to women entrepreneurs. Financial security schemes Stand-Up India and PM SVANidhi further empowered street vendors and entrepreneurs. For artisans, the PM Vishwakarma scheme registered 2.37 million, revitalising traditional skills, the report said. Meanwhile, India's startup ecosystem boasts over 157,000 recognised startups and 118 unicorns now. The eShram Portal has registered 308.6 million unorganised workers, 53.75 per cent of whom are women. Pension security expanded through the Pradhan Mantri Shram Yogi Mandhan Scheme, covering over 5.1 million unorganised workers. The Lakhpati Didi initiative aims to uplift three crore women to income levels exceeding ₹1 lakh annually. The government ensured dignity for all by implementing the Transgender Persons (Protection of Rights) Act, 2019, alongside initiatives like the SMILE scheme and Garima Greh shelter homes. Persons with disabilities received 3.116 million assistive devices under the ADIP scheme, fostering social and economic empowerment. Inclusive growth for SCs, STs, OBCs, minorities Targeted welfare measures have ensured 44.19 per cent of rural homes under PMAY(G) went to SC/ST families. SC/ST/OBC farmers account for 71 per cent of PM Fasal Bima Yojana beneficiaries, while 58 per cent of scholarships go to these groups. Eklavya schools rose from 123 to 477 since 2014, expanding educational opportunities, the report said. The Viksit Bharat Sankalp Yatra and Aspirational Districts Programme exemplify efforts to ensure last-mile delivery of welfare schemes. The Yatra reached 260,000 gram panchayats and 4,000 urban bodies, while the Aspirational Districts Programme transformed India's most backward areas.


Mint
09-06-2025
- Business
- Mint
The poverty line has moved but have basic vulnerabilities in India eased?
According to recent World Bank data, extreme poverty in India fell sharply from 27.1% in 2011–12 to just 5.3% in 2022–23, suggesting that 269 million people have been lifted out of poverty. While this achievement is nominally and statistically significant, the finding prompts a deeper and more structural methodological question: Are we counting fewer people as 'poor' in India, or are we failing to capture the full spectrum of vulnerabilities that persist among people in relative poverty which discussions based on 'poverty line' measurement miss in scope and reality? Historically, poverty measurement in India relied predominantly on income or consumption. This approach universally classifies individuals as poor or non-poor based solely on monetary criteria, offering a limited view of deprivation. In India, the Tendulkar Committee and later the Rangarajan Committee refined these poverty lines to reflect changing consumption patterns, but still focused primarily on income criteria. However, over the last two decades, the conceptualization of poverty, its measurement and assessment have all evolved significantly. Also Read: Mint Quick Edit | Poverty isn't widespread but prosperity needs to be Multidimensional frameworks, including the UNDP's Multidimensional Poverty Index (MPI), highlight that poverty encompasses deficits in education, health and living standards. Much of India's recent poverty discourse has centred on updated metrics, including the World Bank's shift from a poverty line of $2.15 to $3 per day and methodological refinements such as the adoption of thslum e 'modified mixed recall period' (MMRP) in consumption surveys. These changes, while noteworthy, underscore a deeper tension between statistical representation and lived deprivation. As critiques argue, estimates that rely on projected data, especially in the absence of post-pandemic ground surveys, risk portraying a linear trajectory of progress that may not fully account for access-based or structural vulnerabilities. A victory, but for whom?: While incomes have risen, they have not translated into improved well-being when access to essential public goods such as healthcare, education, transportation and digital infrastructure remains unequal. For multitudes, these access gaps persist, Uttar Pradesh (UP), Maharashtra, Bihar, West Bengal, and Madhya Pradesh, states that together made up 65% of India's extreme poor in 2011–12, account for two-thirds of India's overall reduction in extreme poverty. Yet, our Access Inequality Index Report 2025, which ranks Indian states based on access to essentials across five pillars—basic amenities, healthcare, education, socio-economic services and legal recourse—reveals a more uneven picture. While West Bengal and Maharashtra show relatively better rankings as 'achiever' and 'front-runner' states, respectively, UP and Bihar remain in the 'aspirant' category. This means that despite reductions in poverty as measured by consumption or income, the majority of households in these states continue to lack reliable access to vital public goods. For instance, only 19% of households in UP and 21.5% in Bihar have access to clean cooking fuel. Just 22.4% of households in Maharashtra and 33.7% in West Bengal have at least one member covered by a health insurance or finance scheme. Also Read: Himanshu: India needs official poverty data for effective policymaking States such as Kerala, Goa and Tamil Nadu consistently rank high in access to essential public services, with Goa leading overall and topping categories like basic amenities and healthcare. For example, 90% of households in Goa live in pucca houses, compared to 83.4% in Kerala and 87.9% in Tamil Nadu. Also, 91.9% of households in Goa have access to piped water supply within their dwelling or yard, while child immunization rates stand at 84.1% in Goa, 84.5% in Kerala and 85.7% in Tamil Nadu. In contrast, states such as Bihar, UP, Jharkhand and Chhattisgarh lag far behind. These deprivations are critical to people's well-being and show that income thresholds alone are insufficient markers of progress. A household that marginally exceeds the poverty line but lacks clean water or reliable healthcare remains vulnerable. These forms of deprivation often remain invisible in conventional consumption data, yet they are pivotal in determining a household's ability to recover from shocks, invest in education or participate fully in economic life. Alternative readings: An analysis of household income data by Azim Premji University's State of Working India 2021 highlights the unequal economic impact of the covid pandemic. The lowest 10 percentiles saw a steep 27% decline in income, compared to 23% among the 40th-50th percentiles and 22% among the top 10 percentiles. Income losses were more pronounced in urban areas. And although the setbacks may appear modest, the absolute income reduction for low-income households has been profound. This financial distress coincided with a sharp increase in non-monetary deprivations. Also Read: India must redraw its poverty line to reflect economic progress The Hunger Watch survey reported in 2022 that 80% of respondents experienced some form of food insecurity, with 25% suffering severe distress (like skipped meals and hunger); 41% observed a decline in the nutritional quality of their diets, and 67% were unable to afford cooking gas in the month preceding the survey. A Pew Research Centre report in 2022 also estimated that about 75 million additional people in India fell into poverty due to the pandemic. The subsequent State of Working India 2023 study reaffirmed these patterns, documenting a 22% drop in cumulative household income from March to October 2020, with the poorest households disproportionately affected, driving a notable surge in poverty rates. While welfare programmes such as the PM Awas Yojana, Ujjwala Yojana, Jan Dhan Yojana and Ayushman Bharat have expanded coverage, and direct benefit transfers have improved matters, challenges persist. Access to resources does not always translate to adequacy; owning a gas cylinder does not guarantee regular refills. Many essential services remain underfunded, unevenly implemented or inaccessible, particularly in rural and remote areas. All this makes access inequality the emerging face of poverty in India. Ultimately, despite significant improvements in headline poverty metrics, a closer examination reveals a more complex reality. The persistence of access disparities, relative poverty and regional inequalities underscores the need for clarity on poverty today. We must pay attention to institutional capacity, political will and the equitable distribution of public goods. The authors are, respectively, dean and research analyst, O.P. Jindal Global University.
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First Post
08-06-2025
- Business
- First Post
Extreme poverty dips in India from 27.1% to 5.3%, fall in absolute number 270 mn: World Bank
In a major milestone, India's extreme poverty rate dropped from 27.1 per cent in 2011-12 to 5.3 per cent in 2022-23, lifting 269 million people out of poverty, according to World Bank estimates. read more Extreme poverty dips in India from 27.1% to 5.3%, fall in absolute number 270 mn: World Bank. File image/ AP India's extreme poverty rate fell sharply from 27.1 per cent in 2011-12 to 5.3 per cent in 2022-23, according to new World Bank estimates. This means about 269 million people rose above the international poverty line over 11 years. The number of people living in extreme poverty dropped from 344.47 million to 75.24 million, based on the $3.00 per day poverty line (in 2021 PPP terms). Five states – Uttar Pradesh, Maharashtra, Bihar, West Bengal, and Madhya Pradesh – had the highest number of poor in 2011-12, and together they contributed to nearly two-thirds of the poverty reduction by 2022-23. STORY CONTINUES BELOW THIS AD The World Bank reports that rural extreme poverty in India fell from 18.4 per cent to 2.8 per cent, while urban extreme poverty dropped from 10.7 per cent to 1.1 per cent over the same period. Using the earlier $2.15 per day poverty line (based on 2017 prices), the extreme poverty rate fell from 16.2 per cent in 2011-12 to 2.3 per cent in 2022. In absolute numbers, the population living below this line decreased from 205.93 million to 33.66 million. The World Bank data also showed progress in multidimensional poverty. The Multidimensional Poverty Index (MPI) was at 53.8 per cent in 2005-06. It fell to 16.4 per cent in 2019-21 and further to 15.5 per cent in 2022-23.


India.com
07-06-2025
- Business
- India.com
Modi govt's big achievement in 11 years, extreme poverty rate drops to..., extremely poor people are from states like...., world bank says...
Modi govt's big achievement in 11 years, extreme poverty rate drops to..., extremely poor people are from states like...., world bank says... According to the latest data of the World Bank, as an important achievement under the Prime Minister Narendra Modi, India has made progress in reducing its extreme poverty rate in the last decade. The extreme poverty rate in the country has been recorded to have come down from 27.1 percent in 2011-12 to 5.3 percent in 2022-23. A total of 344.47 million people were living in extreme poverty in India during 2011-12, which has come down to about 75.24 million people during 2022-23. According to the World Bank data, as a significant progress in India, 269 million individuals were lifted out of extreme poverty in about 11 years. 65 percent of India's extremely poor people lived in five states of Uttar Pradesh, Maharashtra, Bihar, West Bengal and Madhya Pradesh during 2011-12. At the same time, these states contributed to two-thirds of the total decline in extreme poverty by 2022-23. The latest World Bank data shows that in absolute terms, the number of people living in extreme poverty has fallen from 344.47 million to just 75.24 million. The World Bank's assessment is based on the international poverty line of $3.00 per day (using 2021 prices), which shows widespread deprivation in both rural and urban areas. According to World Bank estimates, the share of Indians living in extreme poverty at $2.15 per day (the previous poverty line based on 2017 prices) is 2.3 percent, down sharply from 16.2 percent recorded in 2011-12. According to the latest data, the number of people living below the poverty line of $2.15 per day is recorded at 33.66 million in 2022 from 205.93 million in 2011. The data also revealed that this sharp decline was observed uniformly, with rural extreme poverty declining from 18.4 per cent to 2.8 per cent and urban extreme poverty declining from 10.7 per cent to 1.1 per cent in the last 11 years. Moreover, India has also made tremendous progress in reducing multidimensional poverty. According to the data, the Multidimensional Poverty Index (MPI) declined from 53.8 per cent in 2005-06 to 16.4 per cent by 2019-21 and further declined to 15.5 per cent in 2022-23.