As per National Multidimensional Poverty Index report 2023, what is the poverty rate of India (2019-21)?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 14.96%.
According to the National Multidimensional Poverty Index: A Progress Review 2023, the multidimensional poverty headcount ratio in India for the period 2019-21 is 14.96%.This means nearly 15 % of the population was multidimensionally poor, reflecting deprivations across health, education and living standards. The same report shows that this ratio fell from 24.85 % in 2015-16, marking a decline of about 9.89 percentage points.