The Niti Aayog recently released its National Multidimensional Poverty Index 2023, according to which the poverty headcount ratio declined from 24.85 percent in 2015-16 to 14.96 percent in 2019-21. In absolute numbers this translates to 135 million people exiting multidimensional poverty in this time period. In addition, a few days earlier, the United Nations Development Programme (UNDP) released its own Multidimensional Poverty Index, which in a press note said that,...
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India may have seen steepest dip in multidimensional poverty among 110 nations as per UNDP data - Nikhil Rampal
The Print More than a third of India’s poor, or 415 million people, were pushed out of multidimensional poverty between 2005 and 2021, shows analysis of the United Nations Development Program’s (UNDP’s) updated poverty index data. The data of 110 developing countries, collected over varying time periods, indicates that this fall is likely to be the steepest. According to the UNDP’s updated Multidimensional Poverty Index (MPI) report, released Tuesday, about 55 percent of...
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KEY TRENDS • Oxfam India's 2023 India Supplement report on poverty and inequality in India reveals that the gap between the rich and the poor is widening. Following the pandemic in 2019, the bottom 50 per cent of the population have continued to see their wealth chipped away. By 2020, their income share was estimated to have fallen to only 13 per cent of the national income and have less than 3...
More »34 Million or 373 Million: Do We Know How Many In India Are Poor? - Nushaiba Iqbal
IndiaSpend There are at least five estimates of the number of poor people in India, which put the number of poor in India between 34 million--equivalent to the population of Kerala--to 373 million--more than four times the population of West Bengal. This puts the number of the poor between 2.5% of the population to 29.5%, based on different estimates between 2014 and 2022. Economists have arrived at these estimates through various means, including projections...
More »What data told us about India in 2022 - Akshi Chawla
DeCEDA/Qrius 2022 was a milestone year for India. India walked into 2022 with an infectious wave of Covid-19 impacting lakhs of people, the wave receded a few weeks into the year. As hopes for a post-pandemic recovery surged, war in Ukraine brought in new challenges for the economy. With supply chains disrupted, global sanctions imposed on Russia, prices of fuel and food shot up. Inflation, already on a high from pent-up...
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