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Update to Multidimensional Poverty Index

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

Categories: Issues relating to poverty, hunger & development

Tags: 11.07.2023, Newsbits

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