UNITED NATIONS: Over 270 million people in India moved out of poverty in the decade since 2005-06 and the poverty rate in the country nearly halved over the 10-year period, a promising sign that poverty is being tackled globally, according to latest estimates released Thursday.
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. Of these 1.3 billion, almost half – 46 per cent – are thought to be living in severe poverty and are deprived in at least half of the dimensions covered in the MPI, it said.
While there is much that needs to be done to tackle poverty globally, there are “promising signs that such poverty can be – and is being – tackled.”
The Index noted that in India, 271 million people moved out of poverty between 2005/06 and 2015/16. The poverty rate in the country has nearly halved, falling from 55 per cent to 28 per cent over the ten-year period. (AGENCIES)
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