271 mn people moved out of poverty in India: UNDP

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New Delhi, Sep 21: India has made momentous progress in reducing multidimensional poverty with its incidence almost halving between 2005-6 and 2015-16, climbing down to 27.5 per cent from 54.7 per cent, according to estimates from the 2018 global Multidimensional Poverty Index (MPI).“In India, the first country for which progress over time has been estimated, 271 million people moved out of poverty between 2005-06 and 2015-16. The poverty rate here has nearly halved, falling from around 55 per cent to around 28 per cent over the 10-year period,” said the estimates released on Thursday by the UN Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI).
Among South Asian countries, only Maldives has a lower headcount ratio than India at 1.9 per cent, with Nepal (35.3), Bangladesh (41.1), and Pakistan (43.9) having higher incidences of multidimensional poverty.According to a UNDP statement, though the traditionally disadvantaged groups – across states, castes, religions, and ages -are still the poorest, they have also experienced the biggest reductions in MPI through the decade, showing that they have been “catching up”.It said this is in line with global trends, where deeper progress among the poorest groups is reflected in the global MPI being cut by half.The release said that pockets of poverty are found across India, but multidimensional poverty is particularly acute .