News: The 2020 Global Multidimensional Poverty Index(MPI) has been released.
Facts:
- Released by: The index has been released by Oxford Poverty and Human Development Initiative(OPHI) in collaboration with the United Nations Development Programme.
- Aim: To provide a comprehensive picture of global trends in multidimensional poverty.
- Title of the report: Charting pathways out of multidimensional poverty: Achieving the SDGs.
- Parameters: The index identifies how people are being left behind across three key dimensions: health, education and standard of living, comprising 10 indicators.
- Note: A person is multidimensional poor if she/he is deprived in one third or more (means 33% or more) of the weighted indicators (out of the ten indicators).
Key Takeaways:
- Multidimensional Poverty: Around 1.3 billion people are still living in multidimensional poverty.Half of multidimensionally poor people are children under age 18.
- Region: About 84 % of multidimensionally poor people live in Sub-Saharan Africa and South Asia.
India Specific Data:
- During 2005-06 and 2015-16, India was successful in lifting around 273 million people out of multidimensional poverty.