In a significant stride towards poverty alleviation, a recent NITI Aayog report reveals that 24.82 crore people in India have successfully moved out of multidimensional poverty from 2013-14 to 2022-23. The decline is remarkable, dropping from 29.17% to 11.28% during this period. The multidimensional poverty index assesses deprivations across health, education, and standard of living using 12 sustainable development goals-aligned indicators.
At the state level, Uttar Pradesh takes the lead with 5.94 crore people escaping poverty, followed by Bihar at 3.77 crore and Madhya Pradesh at 2.30 crore. All 12 indicators, encompassing nutrition, mortality rates, education, and more, witnessed significant improvements.
NITI Aayog member Ramesh Chand highlights the accelerated pace of poverty reduction, translating to 2.75 crore people escaping multidimensional poverty annually. The government is committed to bringing multidimensional poverty below 1%, with efforts directed towards this ambitious goal.
The report suggests that India is poised to achieve Sustainable Development Goals, particularly SDG 1.2 (reducing multidimensional poverty by at least half), well before the 2030 deadline. The accelerated decline is attributed to various government initiatives targeting specific deprivation aspects.
Anticipating a continued positive trajectory, the report envisions India reaching single-digit poverty levels by 2024. The paper underscores the government’s commitment and the impact of targeted initiatives in driving this transformative change.
Kindly share your responses in the comment section!!
On November 22, 2024, the Asia Index Private Ltd, a subsidiary of the Bombay Stock…
India's foreign exchange reserves suffered their largest weekly drop on record, falling by $17.76 billion…
The Union Minister for Education, Dharmendra Pradhan, along with Minister of Labour and Employment, Youth…
On 22nd November evening, Jay Shah, the ICC president-elect and current chief of the BCCI…
The Reserve Bank of India (RBI) has raised the transaction limit for UPI 123Pay from…
Many countries around the world are known by special names that reflect their unique identity,…