If there are two things India is sadly known for, it is the rising population and poverty. Only recently, India took over China as the world’s most populous nation. However, in terms of poverty, we have only good things to report. According to the UN’s Tuesday report, India saw a total of 415 million people rise above poverty between the years 2005-2006 and 2019-2021.
UN Marked A Reduction In Poverty In India
The UN highlights the remarkable accomplishments of the country with the largest population by using these statistics. The Oxford Poverty and Human Development Initiative (OPHI) at the University of Oxford and the United Nations Development Programme (UNDP) have released the most recent revision of the Multidimensional Poverty Index (MPI) for the entire world.
The report asserted that 25 nations, including India, successfully cut their global MPI values in half over the course of 15 years. It is a sincere proof that quick progress is possible. These nations include Morocco, Serbia, Vietnam, Cambodia, China, the Congo, Honduras, India, Indonesia, and the Democratic Republic of the Congo.
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415 Million People Rose Above Poverty Levels
According to the UNDP, India saw an extraordinary reduction in poverty. 415 million people emerged from poverty in just 15 years. In China and Indonesia, as well, significant numbers of people were lifted out of poverty. The UN statistics suggest that India surpassed China earlier in April to claim the title of the most populous country in the world with 142.86 crore inhabitants.
The report shows that eradicating poverty is a realistic task to take on. However, evaluating near-term prospects is difficult due to the lack of detailed data collected during the COVID-19 pandemic. Multidimensional poverty affected about 645 million people in India in the years 2005–2006; this number fell to 370 million in 2015–2016 and 230 million in 2019–2021.
According to the report, India’s overall poverty rates decreased. The poorest regions and social groups—including children and members of oppressed castes—saw the fastest rates of absolute advancement.
India was one of the 19 nations whose MPI values were cut in half globally between 2005-2006 and 2015-2016.
Cover Image Courtesy: Canva