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government is creating a nationwide metric to determine extreme poverty

government is creating a nationwide metric to determine extreme poverty


As of right now, there is no way to gauge how much severe poverty—which is presently defined as living on less than $1.25 per day—has been eradicated.


The government said in a report published on June 29, 2024, that it is creating a nationwide index to gauge severe poverty.


As stated in the Ministry of Statistics as well as Program Implementation's Sustainable Development Goals National Indicator Framework progress report, there is currently no indicator available to gauge how far extreme poverty has been eradicated. Anybody who makes less than $1.25 a day is considered to be living in severe poverty by the government.


To eradicate poverty in all its manifestations worldwide is the first sustainable development goal (SDG).


Over 17 SDGs, the National Indicator Framework monitored 290 indicators (up from 284 the previous year). According to a Moneycontrol investigation, the government has achieved most of its objectives.


In terms of social security coverage, the study showed that from 17.3 million in FY23 to 18 million in FY24, more people were covered by the national pension plan.


On the other hand, under the Pradhan Mantri Matritva Vandana Yojana (PMMVY), the percentage of the eligible population getting social security payments fell from 80 percent to 46.3% last year.


The maternal death rate improved in 2018–20, falling below 100 per 100,000 live births, according to the statistics. Five years ago in 2015, there were 43 deaths per 1,000 live births for children under five. By 2020, that number had dropped to 32.


Additionally, the government has made strides in the treatment of de-addiction. at 2023–24, the number of patients receiving treatment at de-addiction centers more than quadrupled from 2021–2022.


There was a slight reversal in learning results despite the rising gross enrollment ratio in schools, with fewer students in grades 3, 5, and 8 reaching at least minimal competency in 2021 compared to 2017. In grade 8, there was a 4 percentage point fall in language competence from 48.3 percent to 39 percent.


The capacity for renewable energy sources and the supply of drinkable water both improved in 2023–2024. Nonetheless, the nation's production of renewable energy trailed, falling from 21.2 percent in 2019–20 to 20.7 percent in 2023–24.

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