Question
Download Solution PDFAccording to the Economic Survey 2023-24, how many Indians are estimated to have escaped multidimensional poverty between 2015-16 and 2019-21?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is 13.5 crore.
Key Points
- The Economic Survey 2023-24 highlighted that 13.5 crore Indians escaped multidimensional poverty between 2015-16 and 2019-21.
- This significant reduction was attributed to the government’s focus on inclusive growth and targeted welfare programs.
- Multidimensional poverty considers multiple deprivations, such as health, education, and living standards, beyond monetary poverty.
- India demonstrated remarkable progress in poverty reduction, aligning with its Sustainable Development Goals (SDGs).
- The report utilized data from the National Family Health Survey (NFHS) and UNDP's Multidimensional Poverty Index (MPI).
Additional Information
- Multidimensional Poverty Index (MPI):
- A measure developed by the UNDP and Oxford Poverty & Human Development Initiative (OPHI).
- It assesses poverty beyond income, focusing on deprivations in health, education, and living standards.
- Indicators include nutrition, child mortality, years of schooling, access to clean water, electricity, and housing.
- National Family Health Survey (NFHS):
- A large-scale, multi-round survey conducted in India by the Ministry of Health and Family Welfare.
- NFHS provides data on population, health, and nutrition trends across states and the country.
- It is a crucial resource for policymaking and tracking progress on poverty alleviation.
- Sustainable Development Goals (SDGs):
- Adopted by the United Nations in 2015, SDGs consist of 17 global goals aimed at ending poverty, reducing inequality, and tackling climate change by 2030.
- India’s efforts to reduce multidimensional poverty align with SDG 1: No Poverty.
- Government Welfare Programs:
- Several schemes such as Ayushman Bharat, PM-KISAN, and Pradhan Mantri Awas Yojana contributed to poverty reduction.
- Focus on housing, healthcare, education, and financial inclusion has improved living standards for millions.
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