HomeNewsBusinessEconomyGovt developing a national indicator to measure extreme poverty

Govt developing a national indicator to measure extreme poverty

At present, there is no indicator to measure the progress achieved in eradicating extreme poverty, currently defined as people living on less than $1.25 per day.

June 29, 2024 / 18:58 IST
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Govt developing national indicator for extreme poverty
Govt developing national indicator for extreme poverty

The government is developing a national indicator to measure extreme poverty, it said  in a report released on 29 June 2024.

The Sustainable Development Goals National Indicator Framework progress report released by the Ministry of Statistics and Programme Implementation highlighted that at present, there is no indicator to measure the progress achieved in eradicating extreme poverty. The government classifies anyone living on less than $1.25 per day as living in extreme poverty.

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The first sustainable development goal (SDG) is to end all forms of poverty everywhere.

The National Indicator Framework tracked 290 indicators (up from 284 last year) across 17 SDGs. A Moneycontrol analysis shows that the government has done well across most goals.