NITI Aayog | To measure poverty in the country, create our own "Poverty Index ".

 

NITI Aayog is going to create its own Poverty Index to measure poverty in the country. It aims to reduce poverty in states in association with GMPI. In fact, due to Corona, there is a fear of about 40 crore population in the country going below the poverty level.

 

Due to the worsening economic conditions in the Corona period, the large population of the country is afraid of going below the poverty level. Recently, the NITI Aayog held an inter-ministerial meeting to improve the situation. UNDP was also present in this along with officials of the concerned ministry. The meeting also discussed poverty reduction and alternative reforms in the country. According to media reports, the index has to be prepared by the end of the year and the poverty situation in the states is improving. This will also improve India's rank in UNDP MPI's Global Ranking. The Indian Poverty Index aims to improve health, infant mortality, nutrition, education and standard of living. The International Labor Organization (ILO) recently released data related to India. In this, about 40 crore working people in India are estimated to fall below the poverty level due to COVID-19.

 

According to the committee headed by former RBI governor C Rangarajan, in 2014, a total of 36.3 crore people in India was poor. Which was about 29.6 per cent of the entire population of the country. Earlier in the year 2009, according to the Suresh Tendulkar Committee, about 26.98 crores in the country, which was about 21.9 per cent of the total population, were poor. Both these committees set the criteria of poverty in the country. At present, there is no standard to measure poverty properly in the country. Nor is it a true figure of the poor population.