 The new method proposes setting poverty line at $1.78 per day on 2011 PPP basis.According to this revised World Bank methodology, India had 179.6 million people below the new poverty line, China had 137.6 million, and the world had 872.3 million people below the new poverty line on an equivalent basis as of 2013.India, in other words, while having 17.5% of total world's population, had 20.6% share of world's poor.