415 mn Indians no longer poor, says UN
1 year, 5 months ago

415 mn Indians no longer poor, says UN

Live Mint  

As many as 415 million Indians moved out of poverty in the 15-year period between 2005/2006 and 2019/2021, the UN said in a report on Tuesday. “Countries halved their MPI in periods as short as four to 12 years, demonstrating the feasibility of the Sustainable Development Goal target of halving poverty according to national definitions within 15 years,” it added. The report said that 1.1 billion of 6.1 billion people still live in acute multidimensional poverty across 110 countries, with Sub-Saharan Africa and South Asia home to approximately five out of every six poor people. “Nearly two-thirds of all poor people live in middle-income countries, making action in these countries vital for reducing global poverty,” the report said. However, the report by the UN stated that the lack of post-pandemic data for most of the 110 countries covered by the global MPI restricts the agency’s understanding of the pandemic’s effects on poverty.

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