City
Epaper

13.5 cr Indians escape multidimensional poverty in 5 yrs: Niti Aayog report

By ANI | Updated: July 17, 2023 17:43 IST

New Delhi [India], July 17 : As many as 13.5 crore individuals in India moved out of multidimensional poverty ...

Open in App

New Delhi [India], July 17 : As many as 13.5 crore individuals in India moved out of multidimensional poverty between 2015-16 and 2019-21, according to a NITI Aayog report.

 

The report ‘National Multidimensional Poverty Index: A Progress Review 2023’ was released on Monday by the government think tank’s Vice-Chairman Suman Bery, in the presence of Members of NITI Aayog VK Paul and Arvind Virmani, and BVR Subrahmanyam, CEO NITI Aayog.

 

According to World Bank, multidimensional poverty is poverty beyond monetary deprivations, including access to education and basic infrastructure.

The report prepared based on the latest National Family Health Survey (NFHS-5) 2019-21, according to Niti Aayog, represents India’s progress in reducing multidimensional poverty between the two surveys, NFHS-4 (2015-16) and NFHS-5 (2019-21). The broad methodology followed is in consonance with the global methodology.

According to the Report, India has registered a significant decline of 9.89 percentage points in a number of India’s multidimensionally poor from 24.85 per cent in 2015-16 to 14.96 per cent in 2019-2021.

Notably, the report said the rural areas witnessed the fastest decline in poverty from 32.59 per cent to 19.28 per cent. During the same period, the urban areas saw a reduction in poverty from 8.65 per cent to 5.27 per cent.

Uttar Pradesh registered the largest decline in the number of poor with 3.43 crore people escaping multidimensional poverty.

Providing multidimensional poverty estimates for the 36 States and Union Territories and 707 Administrative Districts, the Report states that the fastest reduction in the proportion of multidimensional poor was observed in Uttar Pradesh, Bihar, Madhya Pradesh, Odisha, and Rajasthan.

Between 2015-16 and 2019-21, the Multidimensional Poverty Index (MPI) value has nearly halved from 0.117 to 0.066 and the intensity of poverty has reduced from 47 per cent to 44 per cent, thus setting India on the path of achieving the SDG Target 1.2 (of reducing multidimensional poverty by at least half) much ahead of the stipulated timeline of 2030.

“It demonstrates the Government’s strategic focus on ensuring sustainable and equitable development and eradicating poverty by 2030, thereby adhering to its commitment towards the SDGs,” Niti Aayog said in a release.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: congresspitrodadelhimodideepikabjpwest-bengaldeepika-padukoneajay-devgnthakur
Open in App

Related Stories

NationalChaos at Delhi CM Rekha Gupta’s Event Days After Attack (Watch Video)

NationalDelhi Triple Murder: Three Family Members Found Dead at House in Maidan Garhi, Fourth Member Missing

NationalDelhi CM Rekha Gupta Reacts After Attack During Public Meet: I Was in Shock After This, but…”

EntertainmentIndian Actors Who Have Conquered Global Audiences with International Films

NationalDelhi Building Collapse: 3 Workers Killed After Three-Storeyed Building Collapses in Daryaganj

Business Realted Stories

BusinessIndia, Russia come closer to reviving trade corridors, bolstering economic ties

BusinessUttar Pradesh International Trade Show returns for its third edition; Over 500 international buyers expected

BusinessGovt temporarily suspends booking of postal services destined for US from Aug 25

BusinessIndia to manufacture 5th-gen fighter jet engines with France’s Safran: Rajnath Singh

BusinessIndia extends airspace closure on Pakistani aircraft till Sep 24