HomeNewsNationalPoverty In India Declined 12.3 Percentage Points Between 2011-2019: World Bank Paper

Poverty In India Declined 12.3 Percentage Points Between 2011-2019: World Bank Paper

Poverty In India Declined 12.3 Percentage Points Between 2011-2019: World Bank Paper – As per the World Bank Policy Research Working Paper, Extreme poverty in India declined by 12.3% points between 2011 and 2019, with rural areas doing better than urban centres.

  • Pradhan Mantri Garib Kalyan Yojana (PMGKAY) helped to offer free foodgrains to the poor and played a key role in keeping extreme poverty in India at the lowest level of 0.8 per cent during the Covid-19.
  • Real incomes for farmers with the smallest landholdings have grown by 10 per cent in annualised terms between the two survey rounds, compared to a 2 per cent growth for farmers with the largest landholding.

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