India has reduced its poverty rate drastically. - Seeker's Thoughts

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India has reduced its poverty rate drastically.

India has reduced its poverty rate drastically from 27.5% to 54.7% among South Asian countries in 10 years, with 271 million people moving out of poverty between 2005-06 and 2015-16 according to the multi-dimensional poverty index 2018 report prepared by the United Nation Development Initiative.
Only Maldives has lower headcount ratio than India at 1.9% with Nepal 35.3%, Bangladesh 41.1% and Pakistan 43.9% having higher incidences of multidimensional poverty.
The multidimensional poverty index looks beyond income to understand how people experience poverty in multiple and simultaneous ways. It identifies how people are being left behind across three key dimensions: health, education and living standard. And 10 indicators – nutrition, child mortality, years of schooling, school attendance, sanitation, cooking fuel, drinking water, electricity, housing and assets.

Those who deprived in at least a third of the MBI’s components are defines as multidimensionally poor. The 2018 report, which is now closely aligned with the sustainable development goals, cover almost three-quarters of the world’s population.
The life is at risk of 5 million

The 2015-16 district level calculations of the incidences of multidimensional poverty for India have been sourced from the National Family Health Survey IV.
-         India still had 364 million poor in 2015-2016 the largest for any country, although it is down from 635 million in 2005-06.
-         Poverty reduction among children, the poorest states, scheduled tribes, and Muslims was fastest.
-         The four poorest states Bihar, Jharkhand, UP and MP were still home to 196 million MPI poor people, which was over half of all the MPI poor people in India.
-         Whereas as Jharkhand had shown the greatest improvement, followed by Arunachal Pradesh, Bihar, Chhattisgarh and Nagaland.
-         Kerala, one of the least poor regions in 2006, reduced its poverty by around 92%.
-         80% of ST members were poor in 2206-06 and 50% of them were still poor in 2015-16. While 60% of Muslims were poor in 2005-06 31% of them were still poor in 2015-16.
-         Bihar with more than half its population in poverty was poorest state in 2015-16.
-         Even though poverty among Muslims and STs has been reduced poverty the most over the 10 years, these two groups still had the highest rates of poverty.

Promising signs to reduce poverty

The latest figures paint a stark picture of just how many are still left behind by development,
but also demonstrate that progress can happen quickly with the right approach.

Globally,  1.3 billion people live in multidimensional poverty, which is almost a quarter
of the population of the 104 countries for which the 2018 MPI is calculated. Of these 1. 3
billion, almost half- 46% - are thought to be living in severe poverty and are deprived in
atleast half of the dimensions covered in the MPI.

But while there is much to be done, there are promising signs that such poverty can be- and
is being tackled. In India, the first for which progress over time has been estimated, 27
million people moved out of poverty between 2005/06 and 2015/16. 

Although the level of poverty-particularly in children is staggering so is the progress that
can be made tackling it. In India alone some 271, million have escaped multidimensional
poverty in just 10 years.
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What exactly the multidimensional poverty index is?

   A multidimensional poverty index is a powerful tool for examining global poverty and  communicating useful facts.  Not only does it allow people to understand how different countries are faring in their fight against poverty, but it helps people to be better understanding who the poor are, where are and the many different ways in which they experience poverty.

Motive of multidimensional poverty index

MPI gives insights that are vital for understanding as many ways in which people
experience poverty and provides a new perspective on the scale and nature of global poverty
while reminding us that eliminating it in all its forms is far from impossible.

Traditional poverty measure  

Traditional poverty measures often calculated by a number of people who earn less than $1.90 a day- shed light on how little people earn but not on whether or how they e      experience poverty in their day-to-day lives. The MPI provides a complementary picture of poverty and how it impacts people across the world.
Sustainable development goals to eradicate poverty
The Sustainable Development Goal call to eradicate poverty in all its forms  The multidimensional poverty index helps answer that call, providing immensely valuable information for all seeking to understand what poverty looks like for a particular place or group of people and for those working on the policies to help people now and into the future.
While the MPI’s core data look at those who are poor, and the subset that are severely poor, the numbers also look at those very close to becoming poor.
The data show that in addition to the 1.3 billion classed as poor, additional 879, million are at risk of falling into multidimensional poverty, which could happen quickly if they suffer setbacks from conflict, sickness, drought, unemployment and more.

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