India’s extreme poverty declines sharply over a 12-year period, according to World Bank figures cited by multiple outlets. Reports say the share of people living below the $4.20-a-day lower-middle-income poverty line (2021 PPP) drops from 27.1% to 2.6%, framed as one of the fastest poverty reductions globally.
Outlets also cite related figures for a higher share of people starting out below the line and later improving. Specifically, they reference a fall from 57.7% to 16.1% for the same $4.20-per-day (2021 PPP) measure over the period covered. One outlet adds further context on the scale of people lifted out of poverty and discusses factors and near-term projections mentioned in the underlying report.
While the core numbers are consistent across coverage, emphasis differs. Some outlets focus on the headline “extreme poverty” drop over 12 years; others lead with the world-comparison language and the World Bank’s claim that India’s decline is among the fastest in the world. The reporting generally attributes the improvement to changes in consumption and employment, with government support mentioned in the fuller account.