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Update to Multidimensional Poverty Index

swekar
Swetha 12/07/2023
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Update to MPI News Latest update to MPI published What Annually updated report Tracks multidimensional poverty Multidimensional poverty definition Interlinked deprivations in Health Education Standard of living Affects person's life and wellbeing directly Highlights Global multidimensional poverty statistics 18% or 1.1 billion people acutely poor 5/6 poor people found in Sub-Saharan Africa: 534 million poor South Asia: 389 million poor Children <18 years old: 566 million or 50% Poverty rate incidence Children: 27.7% Adults: 13.4% India's multidimensional poverty statistics Improvement between 2005-06 and 2019-21 Pulled 415 million people out of poverty Yet, over 230 million poor remain Decreased multidimensional poverty From 55.1% to 16.4% Decline in deprivation across sectors Health Education Standard of living Equal decline across regions and socio-economic groups Contribution to poverty from deprivations Standard of living: 39.7% Health: 32.2% Education: 28.2% Fastest absolute progress in poorest states and population groups Includes children and disadvantaged caste groups Recommendations Consider 'vulnerable' sections of population Vulnerable defined as Not poor but have deprivations in 20–33.3% of all weighted indicators In India, vulnerable section is 18.7% of population Significance Report shows impressive rate of poverty reduction in India Who Published by The UN Development Program Oxford Poverty and Human Development Initiative

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Categories: Issues relating to poverty; hunger & development
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