Global Multidimensional Poverty Index 2022

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About Global Multidimensional Poverty Index 2022:

About 41.5 crore people exited poverty in India during the 15-year period between 2005-06 and 2019-21, out of which two-third exited in the first 10 years, and one-third in the next five years.
The incidence of poverty fell from 55.1% in 2005-06 to 16.4% in 2019-21 in the country.
The deprivations in all 10 MPI indicators saw significant reductions as a result of which the MPI value and incidence of poverty more than halved.
Improvement in MPI for India has significantly contributed to the decline in poverty in South Asia.
It is for the first time that it is not the region with the highest number of poor people, at 38.5 crore, compared with 57.9 crore in Sub-Saharan Africa.
The report doesn’t fully assess the effects of the COVID-19 pandemic on poverty in India as 71% of the data from the National Family Health Survey-5 (2019-2021) relied upon for MPI were collected before the pandemic.
Bihar is the poorest State in 2015-2016, saw the fastest reduction in MPI value in absolute terms. The incidence of poverty there fell from 77.4% in 2005-2006 to to 34.7% in 2019-2021.

India has by far the largest number of poor people worldwide at 22.8 crore, followed by Nigeria at 9.6 crore.
Two-third of these people live in a household in which at least one person is deprived in nutrition.
There were also 9.7 crore poor children in India in 2019-2021
About 4.2% of the population in the country still live in severe poverty.
Rural areas account for nearly 90% of poor people.

The report produced by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI).
It was first launched in 2010.
The global MPI constructs a deprivation profile of each household and person through 10 indicators spanning health, education and standard of living and includes both incidence as well as intensity of poverty.
All indicators are equally weighted within each dimension.
The global MPI identifies people as multi-dimensionally poor if their deprivation score is 1/3 or higher.

Source : The Hindu