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Global Multidimensional Poverty Index

Global Multidimensional Poverty Index:

The Global Multidimensional Poverty Index (MPI) report highlighted that a total of 415 million people moved out of poverty in India within just 15 years from 2005/2006 to 2019/2021.

  • It said that 25 countries, including India, successfully halved their global MPI values within 15 years, showing that rapid progress is attainable.
  • The report noted that deprivation in all indicators declined in India.
  • The poorest States and groups, including children and people in disadvantaged caste groups, had the fastest absolute progress.
  • In India those people who are multidimensionally poor and deprived under the nutrition indicator have declined.
  • Children under the age of 18 account for half of MPI-poor people (566 million).
  • The poverty rate among children is 27.7%, while among adults, it is 13.4%.
  • Countries halved their MPI in periods as short as four to 12 years.

Global Multidimensional Poverty Index:

  • It was developed by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI).