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Half the country is still living in extreme poverty unless you believe planning commission definition that ₹ 32 / day ( 26 in rural)! is adequate not to be in poverty.
By any reasonable metric for example World Bank's lower middle income baseline of $3.20/ day we would have more than 50% of the country considered living in extreme poverty.
Pankaj Mishra is not a Western author - he's from India:
https://en.wikipedia.org/wiki/Age_of_Anger , his book from 2017, isn't perfect but it's a good read of what he's about.
- According to the Planning Commission earning more than ₹ 32 ($0.4) / day (26 for Rural) ! means you are over the poverty line , even with this absurdly low number India still has 90 Million people living in poverty.
- Using World Bank's 2017 revised two phased metric - "lower middle-income" line set at $3.20/ day and an "upper middle-income" line set at $5.50/ day. Applying this to 2011 data we can expect around 60% of India i.e. 768 million people were living below lower-middle income levels in 2011.
Cost of living , economic progress, population, inflation and dozen other things have changed in the last 10 years and we can argue all day long on the more accurate number, however by any reasonable metric well over 500 Million in India are living in poverty.