India’s FY24 Poverty Rate: A State-Wise Analysis
India’s poverty landscape has undergone significant shifts, with states showing varying levels of poverty reduction. As per the latest data, Jharkhand leads with the highest poverty rate at 12.5%, while Telangana and Goa have nearly eliminated poverty, reporting rates of 0.2% and 0.1%, respectively.
Top Five States with Highest Poverty Rates
- Jharkhand (12.5%) – The highest in India, driven by limited industrialization, tribal belt underdevelopment, and rural distress.
- Chhattisgarh (11.3%) – Persistent economic challenges despite resource wealth, due to low employment opportunities and dependency on agriculture.
- Manipur (7.9%) – Affected by political instability, insurgency, and limited infrastructure development.
- West Bengal & Madhya Pradesh (6.0%) – Despite economic growth, rural poverty remains a concern.
- Maharashtra (5.9%) – High urban wealth but rural poverty persists in Vidarbha and Marathwada regions.
States with the Lowest Poverty Rates
- Goa & Himachal Pradesh (0.1%) – Strong tourism-driven economy and efficient social welfare programs.
- Telangana (0.2%) – Rapid industrialization and robust welfare schemes have nearly eradicated poverty.
- Delhi & Tamil Nadu (0.8%) – Urban development and economic diversification have contributed to low poverty rates.
What This Means for India’s Growth
While many states have made remarkable progress, states like Jharkhand, Chhattisgarh, and Manipur continue to struggle. The data underscores the need for targeted economic policies, rural development programs, and employment generation to bridge the economic divide across states.
