According to NITI Aayog, what was the reduction in the Poverty Headcount Ratio in India from 2013-14 to 2022-23?

Correct option is C

The correct answer is: (C) From 29.17% to 11.28%

Explanation:

· 2013-14: The projected Multidimensional Poverty Index (MPI) headcount ratio was 29.17%, indicating that approximately 29.17% of India's population was multidimensionally poor.

· 2022-23: By 2022-23, this ratio had declined to 11.28%, reflecting significant progress in reducing multidimensional poverty over the nine-year period.

· Absolute Reduction: This represents a reduction of 17.89 percentage points, equating to approximately 24.82 crore (248 million) individuals moving out of multidimensional poverty.

Information Booster:

· Multidimensional Poverty Index (MPI): MPI assesses poverty beyond income, considering factors such as education, health, and living standards.

· Key Contributors to Poverty Reduction:

   - Nutrition: Improved access to food and better nutritional standards.

   - Education: Increased enrollment and completion rates in schooling.

   - Sanitation: Enhanced access to clean water and sanitation facilities.

   - Cooking Fuel: Wider adoption of clean cooking fuels, reducing indoor air pollution.

· Sustainable Development Goal (SDG) Target 1.2: India's progress surpasses the SDG target of halving the proportion of people living in multidimensional poverty by 2030, achieving this goal ahead of schedule.