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Multidimensional Poverty Index (MPI)
March 28 , 2019
1864 days
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- United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative has released the annual Global Multidimensional poverty index report.
- Poverty is calculated on an individual level and based on 3 dimensions and 10 factors.
- A person is considered poor if they are deprived in at least a third of the weighted indicators.
- According to the report, India has reduced its poverty rate drastically from 55% to 28% in 10 years, with 271 million people moving out of poverty between 2005-06 and 2015-16.
- Bihar, Jharkhand, Uttar Pradesh and Madhya Pradesh are home to more than half of the poorest people in India.
- Worldwide Sub-Saharan and South Asian countries are home to 83% of the multidimensionally poor people around the world.
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