Now Reading: PM Modi says India lifted 25 crore out of poverty
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PM Modi says India lifted 25 crore out of poverty
Prime Minister Narendra Modi said on Thursday that India has lifted 25 crore people out of poverty over the last decade. He was speaking at the ET World Leaders Forum in New…
Prime Minister Narendra Modi said on Thursday that India has lifted 25 crore people out of poverty over the last decade. He was speaking at the ET World Leaders Forum in New Delhi.
Modi attributed the achievement to his government's policies on financial inclusion, direct benefit transfers, and housing and sanitation drives. He said the country is now focused on becoming a developed nation, or 'Viksit Bharat', by 2047.
The prime minister also said the government is working to make India a global manufacturing hub, with a focus on sectors such as electronics, defence, and green energy. He called upon businesses to invest in the country's growth story.
Indian Opinion Analysis
The 25-crore figure comes from a World Bank report that used a new methodology to measure poverty, moving from the old consumption-based yardstick to a multidimensional index that includes access to health, education, and basic amenities. While the government has consistently cited this as proof of its welfare schemes working, critics have questioned the speed and depth of the reduction, noting that the pandemic erased years of gains for the urban poor. The real test of the claim will come when the next round of household consumption data is released by the government, expected in 2025, which will show if income growth has matched the improvement in basic services.
Source: odishatv.in
This story was synthesised by AI from the source linked above.
