Extreme Poverty Rate Drops To 5.3% From 27.1% In India: World Bank Report

https://www.ndtv.com/india-news/extreme-poverty-rate-drops-to-5-3-from-27-1-in-india-world-bank-report-8608895

About 75.24 million people were living in extreme poverty in India during 2022-23, a massive drop from 344.47 million in 2011-12.

Archived version: https://archive.is/20250607144137/https://www.ndtv.com/india-news/extreme-poverty-rate-drops-to-5-3-from-27-1-in-india-world-bank-report-8608895

Disclaimer: The article linked is from a single source with a single perspective. Make sure to cross-check information against multiple sources to get a comprehensive view on the situation.

54 points · 7 comments · view on lemmy.world

7 Comments

rimu@piefed.social · 10 pts · 1y (4 replies)

Overall, we rate New Delhi Television Limited (NDTV) Right-Center Biased and questionable due to the promotion of propaganda, poor sourcing techniques, a lack of transparency and several failed fact checks. (M. Huitsing 3/18/2018) Updated (12/30/2024)

https://mediabiasfactcheck.com/ndtv/

protist@mander.xyz · 3 pts · 1y (2 replies)

These are numbers cited directly from the World Bank. While this source might not be credible, this data exists independently of this source

Also this is a word-for-word reprint of an article published on the Indo-Asian News Service:

Bias Rating: RIGHT-CENTER (3.0) Factual Reporting: MOSTLY FACTUAL (3.0) Country: India MBFC’s Country Freedom Rating: MODERATE FREEDOM Media Type: Newspaper Traffic/Popularity: High Traffic MBFC Credibility Rating: HIGH CREDIBILITY

rimu@piefed.social · 1 pts · 1y (1 reply)

I wasn't disputing the facts :)

It's great news.

But I could do without:

In a significant feat under Prime Minister Narendra Modi's visionary government

protist@mander.xyz · 1 pts · 1y

Def agree

Oneser@lemm.ee · 1 pts · 1y

Thanks for this.

givesomefucks@lemmy.world · 4 pts · 1y (1 reply)

Easy to say it went down when you ignore the new cutoff...

The World Bank's assessment, based on the $3.00 per day international poverty line (using 2021 prices), shows a broad-based reduction across both rural and urban areas.

At $2.15 daily consumption - the earlier poverty line based on 2017 prices - the share of Indians living in extreme poverty is 2.3 per cent, which is significantly lower than 16.2 per cent in 2011-12, according to the World Bank's estimates.

The number of people living below the $2.15-per-day poverty line is recorded at 33.66 million in 2022, down from 205.93 million in 2011, as per the latest data.

protist@mander.xyz · 4 pts · 1y

First it gives the percentages from 2011 and 2023 using prices adjusted for 2021, $3/day (27.1% and 5.3% - a decrease of 27%, aka the headline), and then it compares that to the percentages from 2011 and 2023 using prices adjusted for 2017, $2.15/day (16.2% and 2.3% - a decrease of 86%, aka old data cited for comparison and not the headline). Are you accusing them of adjusting for inflation to make the numbers look worse?! Lmao get off it, not everything's a conspiracy

propitiouspanda@lemmy.cafe · 3 pts · 1y

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