Tuesday, December 23, 2025

The largest democratic poverty alleviation in human history

 Three men you’ve probably never heard of—P.V. Narasimha Rao, Manmohan Singh, Montek Singh Ahluwalia—may be the three most important people of the late 20th century.

Bold claim. Audacious, even. Let me defend it.

Here are the numbers. In 1991, over 45% of Indians lived below the poverty line—roughly 400 million people. By 2024, extreme poverty in India had fallen to under 3%.

That’s 400 to 500 million people lifted out of poverty.

The largest democratic poverty alleviation in human history

No comments:

Post a Comment

The largest democratic poverty alleviation in human history

  Three men you’ve probably never heard of—P.V. Narasimha Rao, Manmohan Singh, Montek Singh Ahluwalia—may be the three most important people...