Srinagar, March 14 -- Jammu & Kashmir (J&K) Union Territory has significantly reduced poverty over the past nine years, showing a strong decline in the Poverty Headcount Ratio according to the National Multidimensional Poverty Index (MPI). The latest report from the fifth National Family Health Survey indicates that J&K has witnessed the largest drop in multidimensional poverty from 2005-06 to 2022-23, with the percentage of people in poverty decreasing from 40. 45% to just 2. 81%. Currently, J&K ranks sixth among eight Union Territories in terms of multidimensional poverty, while India as a whole has seen 24. 82 crore people escape multidimensional poverty with the national MPI dropping from 29. 17% in 2013-14 to 11. 28% in 2022-23. The ...
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