UNDP report: 270 million people in India moved out of poverty in10 years

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Image Credit: UNDP India

UN report on Global poverty revealed that over 270 million people in India moved out of poverty from year 2005-06 to 2015-16. The figures shows reduction in the poverty rate in the country nearly halved over the 10-year period.

The 2018 global Multidimensional Poverty Index (MPI) released by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHDI) said that about 1.3 billion people live in multidimensional poverty globally.

“Although the level of poverty – particularly in children – is staggering so is the progress that can be made in tackling it. In India alone some 271 million have escaped multidimensional poverty in just ten years,” UNDP Administrator Achim Steiner said.

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 in 10 years.

According to the data compiled by the UN, the several sections that observed the growth were Dalits, ST and Muslims.

OPHDI Director Sabina Alkire, said that even though ST still remains to be the poorest section, they have witnessed a reduction in MPI.

She added that India is the only country for which progress over time has been estimated this time.

Multidimensional poverty constitutes of several factors, including the income, living standards, education, health and several other factors.