NITI Ayog says, around 25 Crore people taken-out from poverty in last nine years

Last Updated: Jan 15, 2024

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Almost 25 Crore people in India have escaped poverty in the last nine years, according to the NITI Aayog. The planning agency today released its discussion paper on Multidimensional Poverty in India since 2005 to 2006, which attempts to study the decline in poverty rates across multiple dimensions. It said that poverty has declined from over 29 percent to around 11 percent in the last nine years. It added that Uttar Pradesh has registered the largest decline in poverty among Indian states with close to 6 crore people escaping poverty during the past nine years. It is followed by Bihar, Madhya Pradesh and Rajasthan.

NITI Aayog said that India will soon reach single digit poverty this year which is a remarkable achievement as more than 50 percent people were in poverty around 2005. It added that India will also soon achieve its Sustainable Development Goal (SDG) target of halving multidimensional poverty much before its 2030 target.

Talking to Akashwani News, NITI Aayog CEO, B.V.R. Subrahmanyam said that reducing absolute poverty by half in around 8 to 9 years is a remarkable achievement and it will reflect in India’s SDG goals to the world.

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