India lifted an estimated 496 million people out of poverty between 2011 and 2023, with the share of the population living in extreme poverty falling from 27.1 per cent to 2.6 per cent, according to the World Bank. Indias poverty story has changed sharply over the past decade, with nearly 50 crore people estimated to have moved out of extreme poverty between 2011 and 2023, according to the World Bank.