PM Modi Links 4% Farm Growth To 50 Crore Indians Escaping Poverty In Just 12 Years

PM Modi Links 4% Farm Growth To 50 Crore Indians Escaping Poverty In Just 12 Years

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Business Today
  • Updated Nov 13, 2026 4:38 PM IST

Prime Minister Narendra Modi highlights the crucial role of agriculture in building a developed India, saying the nation's progress is impossible without empowering farmers and modernising agriculture. Addressing a farmers' conference, the Prime Minister points to a significant World Bank study that shows nearly 50 crore Indians escaped poverty in just 12–13 years, with rural poverty witnessing a sharp decline. He links this achievement to India's agricultural performance, noting that the sector recorded an average growth rate of over 4% during the past decade for the first time since Independence. He emphasises that stronger agriculture is key to inclusive national development.

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