Jharkhand, once known as one of India’s poorest states, has achieved a remarkable feat in its battle against poverty, with a staggering decrease of 13.29% reported, according to the latest findings by the Niti aayog . The recently released report unveils a dramatic decline in the poverty headcount ratio, plummeting from 42.16% in 2011-12 to a mere 2.93% in 2019-20.
Among the districts showcasing the most remarkable progress, Chatra stands out, having experienced an extraordinary decrease in the poverty headcount ratio from 67.1% in 2011-12 to a remarkable 1.01% in 2019-20.
This momentous decline in poverty levels signifies a significant milestone for Jharkhand, pointing to the state’s steady path to prosperity and development. The findings testify to the collective efforts and determination of the people of Jharkhand to eradicate poverty.
Various contributing factors have paved the way for this extraordinary accomplishment. The successful implementation of key government initiatives such as the Pradhan Mantri Jan Dhan Yojana, the Pradhan Mantri Kaushal Vikas Yojana, and the Pradhan Mantri Awas Yojana has played a pivotal role in combating poverty in the state.
Furthermore, Jharkhand’s thriving economy has played a vital role in this impressive poverty reduction. With an annual growth rate of 10%, the state has witnessed the creation of numerous job opportunities, fueling economic growth and empowering its citizens.
The significant decrease in poverty is a promising development for Jharkhand, serving as evidence that the state’s progress is heading in the right direction. It is a testament to the unwavering commitment and perseverance of the people of Jharkhand.
details from the report
- The Niti aayog released the report on Sunday, providing valuable insights into poverty levels in Jharkhand.
- The poverty headcount ratio in Jharkhand has seen a remarkable drop from 42.16% in 2011-12 to a mere 2.93% in 2019-20.
- Among the districts, Chatra displayed exceptional progress, with its poverty headcount ratio decreasing from 67.1% in 2011-12 to an astonishingly low 1.01% in 2019-20.
Jharkhand’s remarkable achievement in poverty reduction serves as an inspiration for other regions, reaffirming the power of effective government initiatives and collective determination to transform the lives of millions.