Does World Bank Data Support PM Modi's Governance with 269 Million Rising from Poverty?
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Synopsis
The latest World Bank report indicates that 269 million people in India have escaped extreme poverty under PM Modi's governance. This article delves into the implications of these findings and how they reflect the success of inclusive policies aimed at uplifting millions.
Key Takeaways
- 269 million people moved out of extreme poverty in India.
- Extreme poverty rate fell from 27.1% to 5.3%.
- Significant initiatives include Pradhan Mantri Garib Kalyan Yojana and Ujjwala Yojana.
- The findings reflect the success of inclusive growth policies.
- India aims to become a 'Viksit Bharat' by 2047.
New Delhi, June 8 (NationPress) In a compelling confirmation of Prime Minister Narendra Modi's transformative governance, BJP MP from Chandni Chowk, Praveen Khandelwal, stated on Sunday that the latest World Bank data showcases the success of inclusive policies that have elevated millions.
According to the recently published report, 269 million individuals in India have emerged from extreme poverty between 2011–12 and 2022–23.
The World Bank findings indicate a dramatic reduction in the extreme poverty rate, plummeting from 27.1 percent in 2011-12 to a mere 5.3 percent in 2022–23.
This signifies a decrease in the population living in extreme poverty from 344.47 million to 75.24 million over the past 11 years.
Khandelwal attributed this remarkable milestone to the foresighted leadership of Prime Minister Modi, who took office in 2014.
He emphasized that the substantial decline in poverty is a result of direct benefit transfers, digital empowerment, rural development, and targeted welfare schemes that have reached the grassroots.
"Through targeted welfare schemes, digital empowerment, rural development, and direct benefit transfers, the Modi government has established a robust foundation for poverty alleviation and social equity," he added.
Pointing out flagship initiatives like the Pradhan Mantri Garib Kalyan Yojana, Ujjwala Yojana, Jan Dhan Yojana, Ayushman Bharat, PM Awas Yojana, and PM Kisan Samman Nidhi, he noted that these programs have led to real improvement in the lives of impoverished citizens.
He remarked that this achievement is not merely a statistical success but a symbol of increasing hope, dignity, and economic opportunity throughout the nation.
He further stated that it enhances India’s journey towards becoming a 'Viksit Bharat' by 2047.
According to BJP MP Khandelwal, the World Bank's conclusions reaffirm that under PM Modi's direction, India is not just the fastest-growing major economy but also one that is ensuring no one is marginalized in the nation’s progress.
"This landmark achievement reinforces the notion that under Prime Minister Modi's guidance, India is not only the fastest-growing major economy but also a country where the less fortunate are being empowered, included, and uplifted," he stated.
Point of View
It is essential to recognize the significance of the World Bank's findings on poverty reduction in India. This data not only highlights the impact of government policies but also emphasizes the role of inclusive growth in ensuring that economic development benefits all segments of society. A balanced perspective is necessary to appreciate the complexities of governance and the ongoing challenges that remain.
NationPress
08/06/2025
Frequently Asked Questions
What does the World Bank data reveal about poverty in India?
The World Bank data indicates that 269 million people in India have been lifted out of extreme poverty from 2011-12 to 2022-23, with the extreme poverty rate dropping from 27.1% to 5.3%.
What initiatives have contributed to poverty reduction in India?
Key initiatives include the Pradhan Mantri Garib Kalyan Yojana, Ujjwala Yojana, Jan Dhan Yojana, Ayushman Bharat, PM Awas Yojana, and PM Kisan Samman Nidhi, which have collectively improved the lives of millions.
How has PM Modi's leadership influenced these outcomes?
Under PM Modi's leadership since 2014, policies focusing on direct benefit transfers, digital empowerment, and rural development have significantly contributed to poverty alleviation.
