UN’s Global Multidimensional Poverty Index-THE HINUD-20-07-2020

Context: UN’s Global Multidimensional Poverty Index: India Record Largest Reduction in Number of People Living in Poverty.

Details:

*273 million Indians moved out of multidimensional poverty between 2005-6 and 2015-16, according to a UN report, which noted that India has recorded the largest reduction in the number of people living in this category.

*The report released by the Human Development Report Office of the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI) focuses on how multidimensional poverty has declined.

*The largest reduction was in India, where approximately 273 million people moved out of multidimensional poverty over 10 years.

*The multidimensional poverty encloses various deprivations experienced by the poor people like poor heath, lack of education, inadequate standard of living, poor quality of work, threat of violence and hazardous living environments.

About The Report:

*The data of the reports shows that out of 75 countries studied, 65 countries have reduced multidimensional poverty levels between 2000 and 2019.

*Armenia (2010-2015/2016), India (2005/2006-2015/2016), Nicaragua (2001-2011/2012) and North Macedonia (2005/2006-2011) halved their global MPIT value and did so in 5.5-10.5 years.

*The information related to the 273 million people moving out of poverty in India was based on the population data from the United Nations Department of Economic and Social Affairs (UNDESA).

*Around 50% of the 1.3 billion (644 million) are under the age of 18, and 107 million are 60 or above 60 who are vulnerable to COVID-19.

*The report noted that India saw the most people moving out of multidimensional poverty some 270 million people between 2005/06 and 2015/16.

*India ranks 74th, Sweden tops: WEF’s global Energy Transition index 2020.