The NITI Aayog’s Discussion Paper ‘Multidimensional Poverty in India since 2005-06’ highlights the significant reduction in multidimensional poverty in India from 29.17% in 2013-14 to 11.28% in 2022-23.
The paper, released by Prof Ramesh Chand, Member of NITI Aayog, credits the government’s initiatives to address all dimensions of poverty between 2013-14 and 2022-23. The Multidimensional Poverty Index (MPI) is a globally recognized measure that captures poverty in multiple dimensions beyond monetary aspects.
The Prime Minister, Shri Narendra Modi today reiterated the government’s commitment to continue to work towards all-round development and to ensure a prosperous future for every Indian.
He was commenting on a Discussion Paper released by NITI Aayog today on Multidimensional Poverty. The paper says, since 2005-06, India has registered a significant decline in #MPI from 29.17% in 2013-14 to 11.28% in 2022-23 which is a reduction of 17.89%. As a result 24.82 crore people escaped multidimensional poverty in last 9 years.
PM Modi posted on X :
“Very encouraging, reflecting our commitment towards furthering inclusive growth and focussing on transformative changes to our economy. We will continue to work towards all-round development and to ensure a prosperous future for every Indian.”
Very encouraging, reflecting our commitment towards furthering inclusive growth and focussing on transformative changes to our economy. We will continue to work towards all-round development and to ensure a prosperous future for every Indian. https://t.co/J20mVQbqSA
— Narendra Modi (@narendramodi) January 15, 2024
The paper shows that 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 the period 2005-06 to 2015-16 (7.69% annual rate of decline). All 12 indicators of MPI have recorded significant improvement during the entire study period.
The paper also shows that India is likely to achieve its SDG target of halving multidimensional poverty well before 2030. The government’s persistent dedication and commitment to enhancing the lives of the most vulnerable and deprived have been instrumental in this accomplishment.
India’s government has made significant strides in reducing poverty across all dimensions. Initiatives like Poshan Abhiyan and Anemia Mukt Bharat have improved healthcare access, reducing deprivation. The Targeted Public Distribution System, one of the world’s largest food security programs, provides food grains to 81.35 crore beneficiaries. Recent decisions, like extending free food grain distribution under Pradhan Mantri Garib Kalyan Anna Yojana, demonstrate the government’s commitment.
Programs like Ujjwala Yojana, Saubhagya, Swachh Bharat Mission, and Jal Jeevan Mission have improved living conditions and well-being. Programs like Pradhan Mantri Jan Dhan Yojana and PM Awas Yojana have also contributed to financial inclusion and safe housing for the underprivileged.
Some states, traditionally high in poverty, have made significant progress in helping people escape poverty, reducing inter-state disparities in multidimensional poverty. This progress aims to resolve fundamental problems in accessing basic services, paving the way for India to become a developed nation.
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