According to the United Nations, the first goal to attain by 2030 is to "End poverty in all its forms everywhere," which serves as the motivation for this study. The purpose of this research is to investigate the impact of FDI inflows over poverty by undertaking several other economic and institutional variables. The study employs panel data for Indian states for the period 2000-2019. The empirical evidences are based on panel data analysis methods. Principal component analysis has also been employed for several institutional environment indicators in order to examine the holistic view for the analysis. The independent variables taken in the study are control of corruption, education expenditure, FDI inflows, gross fixed capital formation, crime, infrastructure, workers engaged and industrial disputes. The study undertakes three models to find out the impact of various variables on poverty, growth and environment and confirms that FDI inflows, corruption control, education expenditure, andworkers engaged are important factors for poverty alleviation and for improving growth at state level in India. Also FDI plays an important role in improving health infrastructure at state level in India. This paper also suggests numerous policy recommendations to the policymakers, such as need for robust infrastructure, effective crimeand law enforcement at the state level in India is an essential step towards poverty reduction.