According to the Global Multidimensional Poverty Index(MPI),India has lifted 271 million out of poverty between 2005-06 and 2015-16.
This has significantly helped in reducing deprivations in many of the ten indicators particularly in assets, cooking fuel, sanitation and nutrition.
The report has stated that among the selected countries with a significant reduction in MPI value,India has reduced the multidimensional poverty the fastest in absolute terms.
The report cites Jharkhand which has reduced multidimensional poverty from 74.9% to 46.5% in the ten years since 2005-06 as an example of the poorest region improving the fastest.
The index says that India was among the countries where poverty reduction in rural areas outpaced that in urban areas which is an indicator of pro-poor development.
As per Index,1.3 billion people in the world are still multidimensionally poor.It says that level of Inequality and poverty is very high in Sub-Saharan Africa and South Asia.
Further,the index says that one in every three children under the age of 10 and every second child below the age of 18 years is still multi dimensionally poor in the world.
The Global MPI Report is prepared by the United Nations Development Programme(UNDP) and the Oxford Poverty and Human Development Initiative.
The report measures multidimensional poverty index(MPI) which can be broken down to show (a)Who is poor:Poverty rate as a percentage of the population and (b)How they are poor:Intensity as the average share of deprivations that poor people experience.The product of these two is MPI.
The criterion for someone to be declared as deprived as per MPI are as follows:(a)Education (year of schooling,child enrollment) (b)Health (child mortality,nutrition) and (c)Standard of living (electricity,drinking water, sanitation,flooring,cooking fuel,assets).A person is multidimensionally poor if she/he is deprived in one third or more (means 33% or more) of the weighted indicators (out of the ten indicators).