For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

India Elevated 271 Mn People Out Of Poverty Between 2006 And 2016: UN Report

|

According to a United Nations report, 271 million people were lifted out of poverty between 2006 and 2016 in India, recording the fastest reductions in the multidimensional poverty index values during the period with strong improvements in areas such as "assets, cooking fuel, sanitation and nutrition."

The 2019 global Multidimensional Poverty Index (MPI) compiled by the UN Development Programme (UNDP), the Oxford Poverty and Human Development Initiative (OPHI) was released on Thursday.

The report, which was based on its study on 101 countries which include 31 low income, 68 middle income and 2 high income countries, said that 1.3 billion people are "multidimensionally poor", which means that poverty is defined not simply by income, but by a number of indicators, including poor health, poor quality of work and the threat of violence.

India Elevated 271 Mn People Out Of Poverty Between 2006 And 2016: UN Report
 

It identified 10 countries, with a combined population of around 2 billion people, to illustrate the level of poverty reduction, and all of them have shown statistically significant progress towards achieving Sustainable Development Goal 1, namely ending poverty "in all its forms, everywhere," the report said.

These 10 countries are Bangladesh, Cambodia, Democratic Republic of Congo, Ethiopia, Haiti, India, Nigeria, Pakistan, Peru and Vietnam.

Data suggests that within these 10 countries, 270 million people moved out of multidimensional poverty from one survey to the next.

"This progress was largely driven by South Asia. In India, there were 271 million fewer people in poverty in 2016 than in 2006, while in Bangladesh the number dropped by 19 million between 2004 and 2014," it said.

Read more about: poverty india united nations
Story first published: Friday, July 12, 2019, 17:47 [IST]
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more