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 a report on the country's multi-dimensional poverty. 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每14 to 2022每23.
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 a result of Government focused pro-poor initiatives and programmes in the past 9 years:
〞 NITI Aayog (@NITIAayog) January 15, 2024
??24.82 crore Indians escape Multidimensional Poverty.
??Steep decline in Poverty Headcount Ratio from 29.17% in 2013-14 to 11.28% in 2022-23.
??All 12 MPI indicators show significant# pic.twitter.com/nju32z7hYz
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每14 to 2022每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每14 to 11.28% in 2022每23, the think tank*s report mentioned.
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
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
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.
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.
Click here to read the detailed NITI Aayog report.
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