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.
  • givesomefucks@lemmy.worldEnglish
    62·
    1 day ago

    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.

    • protist@mander.xyzEnglish
      51·
      1 day ago

      First it gives the percentages from 2011 and 2023 using prices adjusted for 2021, $3/day (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, $2.15/day (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