24.8 Crore People In India Moved Out Of Poverty In Last Nine Years, Reveals NITI Aayog Report

NITI Aayog, which is the policy think tank for the government of India, recently came out with its report on the country's multi-dimensional?poverty. The research shows that?nearly 25 crore people?in our country have managed to escape poverty?in the last nine years.

24.82 Crore People Escaped Poverty In Last Nine Years

As per its discussion paper, as many as?24.82 crore people in India have moved out of multidimensional poverty in the last nine financial years, i.e., from 2013–14 to 2022–23. This is according to NITI Aayog’s report shared on the evening of January 15.

Multidimensional?poverty in India declined from 29.17% in 2013–14 to 11.28% in 2022–23, the think tank’s report mentioned.?

Nearly 25 crore people in our country have managed to escape poverty in the last nine years/Deccan Herald

Also Read:?India's Richest 21 Billionaires Have More Wealth Than 700 Million Indians, Says Oxfam India’s Report

Parameters To Determine Multi-Dimensional Poverty

Multi-dimensional poverty rate in India/niti aayog

According to NITI Aayog,?national multidimensional?poverty?measures simultaneous deprivations across three equally weighted dimensions of health, education, and standard of living that are represented by 12 sustainable development goals-aligned indicators.??

These 12 parameters include:?

Nutrition

Child and adolescent mortality

Maternal health

Years of schooling

School attendance

Cooking fuel

Sanitation

Drinking water

Electricity

Housing

Assets

Bank accounts

multi dimensional poverty paramters/niti aayog

Also Read:?Indian Startup Karya Is Using Artificial Intelligence To Help The?Poor

UP, Bihar & MP Saw Most People Moving Out Of Poverty

Uttar Pradesh, Bihar, and Madhya Pradesh topped the list of states that registered the largest decline in poverty.?At the state level, UP saw the most number of people escaping poverty, at 5.94 crore, followed by Bihar at 3.77 crore and MP at 2.30 crore.

Here's the complete?poverty rate state-wise all across India, as per the NITI Aayog report.??

statewise poverty rate india/niti aayog

statewise poverty rates/niti aayog

Govt Aims To Bring Down Poverty From 11% To 1%

Speaking about the government’s future vision, NITI Aayog’s?CEO,?BVR Subrahmanyam, said, "The government has a goal to bring down multidimensional poverty to below 1%,?and all efforts are being made in that direction.” The report by the think tank also mentioned that?India is all set to reach single-digit poverty levels during this year?itself, i.e., 2024.??

india poverty rate nine years/afp

Click here to read the detailed NITI Aayog report.

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