UN report says, poverty in India reduced to half in 10 years

The Global Multidimensional Poverty Index 2018 released by the United Nations Development Programme and the Oxford Poverty and Human Development Initiative mentioned that 271 million people were elevated from poverty in India during a decade between 2005-06 and 2015-16.

In this time period of 10 years, the poverty rate of India have been reduced to half from 55% to 28%.  UNDP administrator Achim Steiner said, “Although the level of poverty is staggering, so the progress that can be made in tackling it”.

He said, “The Multidimensional Poverty Index gives insights that are vital for understanding the many ways in which people experience poverty, and it provides a new perspective on the scale and nature of global poverty while reminding us that eliminating it in all its forms is far from impossible”.

The Global Multidimensional Poverty Index 2018 released by the United Nations Development Programme and the Oxford Poverty and Human Development Initiative shows that about 1.3 billion people live in multidimensional poverty worldwide out of which 46 % are thought to be living in severe poverty.

UNDP’s  figures shows that in 104 low and middle income countries, 662 million children are multidimensionally  poor. In 35 countries, half of the children are poor. Around 1.3 billion poor people are almost a quarter a population of these 104 countries for which MPI 2018 is calculated.

MPI is mainly based on three key dimensions: Health, Education and Living standard. Those who are deprived in at least one third of the MPI’s components are considered as multidimensional poor.

India is the first country for which progress over time is estimated, similar comparison for other countries have not been calculated yet.  The report shows that life expectancy increased over seven years in Sub-Saharan Africa and by almost 4 years in South Asia in between 2006 and 2017.

 

CM Jakhar

A news enthusiast by hobby, CM is the founder of Prediction Junction. He is always passionate to dig into the latest in the world and has a natural way of depicting his analysis and thoughts. His main motive is to bring the true and recent piece on where the world is heading.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Close