- According to NITI Aayog, nearly 25 crore people in India have lifted themselves out of poverty in the last nine years.
- The discussion paper released by NITI Aayog on 16 January 2024, focuses on Multidimensional Poverty in India from 2005 to 2006, analyzing the decline in poverty rates across various dimensions.
- The poverty rate has decreased from over 29 percent to around 11 percent in the mentioned nine-year period.
- Uttar Pradesh has witnessed the most significant reduction in poverty among Indian states, with nearly 6 crore people escaping poverty in the last nine years.
- Other states showing notable declines in poverty include Bihar, Madhya Pradesh, and Rajasthan.
- NITI Aayog predicts that India will achieve single-digit poverty rates this year, marking a substantial accomplishment given that over 50 percent of the population was in poverty around 2005.
- The Sustainable Development Goal (SDG) target of halving multidimensional poverty by 2030 is expected to be achieved by India much sooner than the set deadline.
- NITI Aayog CEO, B.V.R. Subrahmanyam, emphasized that reducing absolute poverty by half in 8 to 9 years is a remarkable achievement that will showcase India’s progress towards its SDG goals to the world.
Q: What is the reported decline in poverty rate in India over the last nine years according to NITI Aayog?
a) 27 percent to around 9 percent
b) 25 percent to around 17 percent
c) 29 percent to around 11 percent
d) 20 percent to around 15 percent
Answer: 29 percent to around 11 percent
Q: Who currently serves as the Chief Executive Officer (CEO) of NITI Aayog in India?
a) Narendra Modi
b) Amitabh Kant
c) Arvind Panagariya
d) B.V.R. Subrahmanyam
Answer: d) B.V.R. Subrahmanyam