13.5 crore Indians out of multidimensional poverty in 5 years

Tags: Reports

According to the 'National Multidimensional Poverty Index: A Progress Review 2023' report released by NITI Aayog, between 2015-16 and 2019-21, 135 million people in India have successfully lifted themselves out of multidimensional poverty over a period of five years.

An Overview of the News

• The report highlights a sharp decline in the number of multidimensionally poor persons in India, which increased from 24.85% in 2015-16 to 14.96% in 2019-21, showing a significant decrease of 9.89 percentage points.

• Rural areas have seen the fastest decline in poverty, with the poverty rate falling from 32.59% to 19.28% during the same period.

• India is making significant progress towards achieving SDG target 1.2, which aims to reduce multidimensional poverty by at least half before 2030, well ahead of schedule.

• Improvements in various areas have contributed to poverty reduction, including nutrition, years of schooling, sanitation and access to clean cooking fuel.

• Among states, Uttar Pradesh leads with the largest decline in the number of poor persons, followed by Bihar and Madhya Pradesh.

• Improvements are evident in all 12 indicators of the Multidimensional Poverty Index (MPI), including nutrition, child and adolescent mortality, maternal health, education, access to basic amenities and financial inclusion.

About NITI Aayog

• Its full name is National Institution for Transforming India, serves as the apex public policy think tank of the Government of India.

• Its primary goals are to catalyse economic growth and promote cooperative federalism, involving state governments in the economic policy-making process through a bottom-up approach.

Formed - 1 January 2015

Objective - To promote participation in the economic policy-making process by the state governments of India

Jurisdiction - Government of India

Headquarters - New Delhi

Chairman - Narendra Modi

Founder - National Democratic Alliance