Poverty Rate In India Reduced To Half between 2005-16: UN Report

Economy Infrastructure/Development International National

NEW DELHI: India is the first country for which progress over time has been estimated. Over 270 million people in India moved out of poverty in the decade since 2005-06  and 2015-16, climbing down to 27.5 per cent from 54.7 per cent, according to estimates from the 2018 global Multidimensional Poverty Index (MPI)..

The 2018 global Multidimensional Poverty Index (MPI) released here by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI) said that about 1.3 billion people live in multidimensional poverty globally.

This is almost a quarter of the population of the 104 countries for which the 2018 MPI is calculated. Among South Asian countries, only Maldives has a lower headcount ratio than India at 1.9 per cent.

Although similar comparisons over time have not yet been calculated for other countries, the latest information from UNDP’s Human Development Index shows significant development progress in all regions, including many Sub-Saharan African countries.

Between 2006 and 2017, the life expectancy increased over seven years in Sub-Saharan Africa and by almost four years in South Asia, and enrollment rates in primary education are up to 100 per cent.

 

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