UPSC Prelims: India poverty reduction 2011–2023, PPP, MPI, inclusive growth

India's poverty reduction (2011–2023) At $4.20/day lower-middle-income poverty line 2011 57.7% 2023 16.1% At $3/day extreme-poverty threshold 2011 27.1% 2023 2.6% Approximately 496 million people moved above the $4.20/day poverty line, according to the cited report. Other important observations: Around 57% of India's poor concentrated in the Uttar Pradesh–West Bengal belt Youth unemployment remains a concern. Real earnings and job quality remain uneven. Prelims : Poverty headcount ratio. Purchasing Power Parity (PPP). Multidimensional Poverty Index (MPI). Inclusive growth