India brought 271 million out of poverty between 2005-16 |
India has made giant strides in reducing multidimensional poverty, bringing down its poverty rate from 55 per cent to 28 per cent in ten years, one of the key findings of the 2018 global Multidimensional Poverty Index (MPI) has revealed. Between 2005-06 and 2015-16, more than 271 million people have come out of the clutches of poverty in India, said the estimates released by the UN Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI). The report, however, stated that India still has the largest number of people living in multidimensional poverty in the world, pegging the figures around 364 million people. It also said India`s scale of poverty reduction has parallels with the phenomenal level of poverty reduction achieved in China a decade or so earlier. “India`s scale of multidimensional poverty reduction over the decade from 2005/6 to 2015/16 – from 635 million poor persons to 364 million – brings to mind the speedy pace of China`s poverty reduction, which occurred over more than 20 years,” the report pointed out. One of the striking findings is that 156 million out of 364 million people who are MPI poor in 2015/2016 are children. Among states, Jharkhand had the greatest improvement, with Arunachal Pradesh, Bihar, Chhattisgarh, and Nagaland only slightly behind.
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