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The neoliberal reforms of 1991 didn’t work as claimed -Jayati Ghosh

-Macroscan.com/ Livemint.com There is a common trope, fed especially to generations born after 1991, that economic progress and modernization in India really occurred only after ‘liberalizing’ economic reforms were introduced three decades ago. This is a travesty of the truth. Certainly, conditions for most Indians have improved since that watershed year. Per capita income went up more rapidly than before, life expectancy went up, infant and maternal mortality decreased, income poverty...

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Sustained efforts required to reduce multidimensional poverty amidst the pandemic

Multidimensional poverty is about non-monetary poverty and is strongly associated with the challenges of achieving the Sustainable Development Goals (SDGs). Although previously defined only in monetary terms, poverty is now understood to include the lived reality of people’s experiences and the multiple deprivations they face. India’s multidimensional headcount ratio (H) i.e. the proportion or incidence of people (within a given population) who experience multiple deprivations has reduced from 55.1 percent to...

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‘States soon to be ranked on poverty index parameter’

-The Hindu Business Line The MPICC will hold workshop to take State Reform Action Plan forward A Multidimensional Poverty Index (MPI) Parameter Dashboard to rank States and UTs and a State Reform Action Plan (SRAP) are at an advanced stage of development, according to the NITI Aayog, the nodal agency for the Global MPI to drive reforms in India. “The inaugural meeting of the MPI Coordination Committee (MPICC) was held on September 2,...

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India lifted 270 million people out of poverty in 2005-15, says study -Prasun Sonwalkar

-Hindustan Times OPHI director Sabina Alkire, who led the development of the multidimensional poverty index (MPI) in 2010, said: “India remains the country that has the largest reduction in number of poor, with over 270 million persons leaving poverty 2005-6 to 2015-16”. India lifted as many as 270 million people out of multidimensional poverty between 2005-6 and 2015-16 – the most in a global study of 75 countries – reflecting progress before...

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Lifting 271 mn out of poverty in 10 yrs, India fastest, Jharkhand No. 1 area: UN -Shalini Nair

-The Indian Express According to the Global MPI 2019 report released Thursday, between 2005-06 and 2015-16, India, lifted 271 million out of poverty, significantly reducing deprivations in many of the ten indicators, particularly in “assets, cooking fuel, sanitation and nutrition”. India has registered the fastest absolute reduction in the Multidimensional Poverty Index (MPI) value among ten countries, spanning every developing region, whose combined population is two billion people. And Jharkhand is...

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