 and the Oxford Poverty and Human Development Initiative( OPHI) at the University of Oxford.){kind=link}
A aggregate of 415 million people moved out of poverty in India within just 15 times from 2005- 06 to 2019- 21, the United Nations said on Tuesday, pressing the remarkable achievement by the world’s most vibrant nation.
The rearmost update of the global Multidimensional Poverty Index( MPI) was released by the United Nations Development Programme( UNDP) and the Oxford Poverty and Human Development Initiative( OPHI) at the University of Oxford.
It said that 25 countries, including India, successfully halved their global MPI values within 15 times, showing that rapid-fire progress is attainable.
These countries include Cambodia, China, Congo, Honduras, India, Indonesia, Morocco, Serbia, and Vietnam
In April, India surpassed China to come the world’s most vibrant nation with142.86 crore people, according to UN data.
” India saw a remarkable reduction in poverty, with 415 million people exiting poverty within a span of just 15 times( 2005- 6 – 2019- 21),” the report said.
India registers remarkable reduction in poverty with 415 million people coming out of it : United Nations. pic.twitter.com/J05tnEnMs6
— UPTIMESNEWS (@Uptimesnewslive) July 11, 2023
The report demonstrates that poverty reduction is attainable. still, the lack of comprehensive data during the period of the Covid- 19 epidemic poses challenges in assessing immediate prospects, it said.
In India, 415 million poor people moved out of poverty from 2005- 2006 to 2019- 2021, with prevalence falling from55.1 per cent in 2005- 2006 to16.4 per cent in 2019- 2021.
In 2005- 2006, about 645 million people were in multidimensional poverty in India, with this number declining to about 370 million in 2015- 2016 and 230 million in 2019- 2021.
The report noted that privation in all pointers declined in India, and “ the poorest countries and groups, including children and people in underprivileged estate groups, had the fastest absolute progress. ”