Archive · 11 Aug 2025
India's Poverty Decline: A Look Towards 2047
Imagine India is a country where many people used to struggle with poverty.
But things have been getting much better recently!
Poverty rates have dropped dramatically, and the gap between rich and poor is shrinking.
Extreme poverty has nearly disappeared!
The government aims to eliminate poverty by 2047, and they have a plan to do this.
This includes growing the economy, creating jobs, and making sure everyone has access to good healthcare and education.
They also want to protect the environment.
This will help India become a prosperous and fair country for everyone.
Poverty in India has significantly decreased in recent years, with extreme poverty falling from 16.2% in 2011-12 to 2.3% in 2022-23.
Poverty ratios (rural + urban) declined from 29.5% in 2011-12 to 9.5% in 2022-23 and to 4.9% in 2023-24.
India has seen a significant decline in income inequality, with the Gini coefficient falling from 0.310 in 2011-12 to 0.253 in 2023-24.
Multidimensional poverty also decreased substantially, from 29.17% in 2013-14 to 11.28% in 2022-23.
Strategies for eliminating poverty by 2047 include economic growth, employment generation, and investments in health and education.
- Who
- Focus on Indian citizens experiencing poverty, and the government and economic factors affecting it.
- What
- Poverty trends in India and strategies for eradication by 2047.
- When
- Poverty declined significantly from 2011-12 to 2023-24, with a goal to eliminate it by 2047.
- Where
- India
- Why
- To understand the current state of poverty and the planned actions to eliminate it by 2047.
Government Aims
Challenges Ahead
Poverty Eradication
Government Aims
India will eliminate poverty by 2047 through economic growth, job creation, and investment in health and education.
Challenges Ahead
This is what the government says it will do
- Poverty Ratio (2011-12)
- 29.5%
- Poverty Ratio (2023-24)
- 4.9%
- Extreme Poverty (2011-12)
- 16.2%
- Extreme Poverty (2022-23)
- 2.3%
- Gini Coefficient (2011-12)
- 0.310
- Gini Coefficient (2023-24)
- 0.253
- Multidimensional Poverty (2013-14)
- 29.17%
- Multidimensional Poverty (2022-23)
- 11.28%
