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LATEST NEWS UPDATES | 41.5 crore Indians exited multi-dimensional poverty since 2005-06 -Jagriti Chandra

41.5 crore Indians exited multi-dimensional poverty since 2005-06 -Jagriti Chandra

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published Published on Oct 17, 2022   modified Modified on Oct 18, 2022

-The Hindu

22.8 crore in India still multi-dimensionally poor, of whom 9.7 crore are children

As many as 41.5 crore people exited poverty in India during the 15-year period between 2005-06 and 2019-21, out of which two-thirds exited in the first 10 years, and one-third in the next five years, according to the global Multidimensional Poverty Index (MPI) released on Monday.

The report produced by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI) shows that the incidence of poverty fell from 55.1% in 2005/06 to 16.4% in 2019/21 in the country and that deprivations in all 10 MPI indicators saw significant reductions as a result of which the MPI value and incidence of poverty more than halved.

Improvement in MPI for India has significantly contributed to the decline in poverty in South Asia and it is for the first time that it is not the region with the highest number of poor people, at 38.5 crore, compared with 57.9 crore in Sub-Saharan Africa.

Globally, of the total 610 crore people across 111 developing countries, 19.1% or 120 crore live in multidimensional poverty. Nearly half of them live in severe poverty.

The report doesn’t fully assess the effects of the COVID-19 pandemic on poverty in India as 71% of the data from the National Family Health Survey-5 (2019-2021) relied upon for MPI were collected before the pandemic.

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The Hindu, 17 October, 2022, https://www.thehindu.com/news/national/415-crore-indians-exited-multi-dimensional-poverty-since-2005-06/article66023269.ece?homepage=true


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