How poor is India?

By iastoppers.com

Check the Status of Multidimensional Poverty in India

Niti Aayog's second Multidimensional Poverty Index (MPI) reports that 14.96% of India's population, or 20.79 crore people, face multidimensional poverty

In the period from 2013-14 to 2022-23, India witnessed a significant reduction in multidimensional poverty, with 24.82 crore people moving out of this category

Uttar Pradesh, Bihar, and Madhya Pradesh recorded the largest decline in multidimensional poverty at the state level, with Uttar Pradesh topping the list with 5.94 crore people escaping poverty

The National Multidimensional Poverty Index (MPI) by Niti Aayog assesses poverty using the Alkire Foster methodology, covering 12 indicators related to health, education, and standard of living

The multidimensional poverty rate in India decreased from 29.17% in 2013-14 to 11.28% in 2022-23, showcasing a remarkable improvement in all 12 indicators

The government's goal is to bring multidimensional poverty below 1%, with ongoing efforts in that direction, and the country is expected to reach single-digit poverty levels by 2024

The rate of decline in multidimensional poverty accelerated from 2013-14 to 2022-23, attributed to various government initiatives and schemes targeting specific deprivation aspects

State-wise, Bihar, Uttar Pradesh, Madhya Pradesh, Chhattisgarh, Odisha, Rajasthan, Jharkhand, and Assam showed a reduction of over 13% in multidimensional poverty during 2019-21 since 2015-16

These same states are projected to exhibit a reduction of over 4% in multidimensional poverty in 2022-23 since 2019-21

The recent National MPI is based on National Family Health Surveys 4 (2015-16) and 5(2019-21), with the report acknowledging a lack of data for the years between 2005-06 and 2015-16 and after 2019-21

The paper suggests that India is likely to achieve Sustainable Development Goals (SDGs) 1.2, which aims to reduce multidimensional poverty by at least half, well ahead of the 2030 deadline