Multidimensional Poverty Index

Context: The latest update of the global Multidimensional Poverty Index (MPI) was released by the United Nations Development Programme (UNDP).

Multidimensional Poverty Index (MPI):

• Released by: United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI).
• First launched: In 2010.
• It measures acute multidimensional poverty across more than 100 developing countries.

Findings of MPI about the World 

• Countries showing progress: 25 countries successfully halved their global MPI values within 15 years, showing that rapid progress is attainable. These countries include Cambodia, China, Congo, Honduras, India, Indonesia, Morocco, Serbia and Vietnam.
• A long way to go-1.1 billion out of 6.1 billion people around more than 18% live in acute multidimensional poverty across 110 countries.

Findings about India 

• Reduction in total number of poor: 
  1. Reduction in absolute numbers-In 2005­-06, about 645 million people were in multidimensional poverty in India, with this number declining to about 370 million in 2015-­16 and 230 million in 2019­-21. 
  2. Comprehensive reduction-Deprivation in all indicators declined in India 
  3. The poorest States and groups, including children and people in disadvantaged caste groups, had the fastest absolute progress.

Progress in 2019-21 as compared to 2005-06

News Source: The Hindu

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