Submitted 3 days ago by BrikoX@lemmy.zip to globalnews@lemmy.zip
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: archive.is/…/extreme-poverty-rate-drops-to-5-3-fr…
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.
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.
First it gives the percentages from 2011 and 2023 using prices adjusted for 2021 (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 (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
Good.
Hopefully one day we can eradicate poverty across the globe.
rimu@piefed.social 3 days ago
https://mediabiasfactcheck.com/ndtv/
protist@mander.xyz 2 days ago
These are numbers cited directly from the World Bank. While this source might not be credible, this data exists independently of this source
rimu@piefed.social 2 days ago
I wasn't disputing the facts :)
It's great news.
But I could do without:
Oneser@lemm.ee 3 days ago
Thanks for this.