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NITI Aayog report on Multidimensional Poverty
January 18 , 2024
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- NITI Aayog released a Discussion Paper titled "Multidimensional Poverty in India since 2005-06".
- Multidimensional poverty in India declined from 29.17% in 2013-14 to 11.28% in 2022-23.
- A total of 24.82 crore individuals in India escaped multidimensional poverty over the last nine years.
- Uttar Pradesh registered the largest decline in the number of poor people with 5.94 crore people escaping multidimensional poverty over the last nine years.
- It is followed by Bihar at 3.77 crore, Madhya Pradesh at 2.30 crore and Rajasthan at 1.87 crore.
- The pace of decline in poverty headcount ratio using the exponential method was much faster between 2015-16 to 2019-21 (10.66% annual rate of decline) compared to 2005-06 to 2015-16 (7.69%).
- Multidimensional poverty is measured by improvement in health, education and standard of living.
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