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UN Report: India successfully halved the global Multidimensional Poverty Index within 15 years; 415 million Indians exited poverty between 2005-2021

Jul 16, 2023, 04:05PM ISTSource: TOI.in

A new report by the United Nations Development Programme (UNDP) has found that India has made significant progress in reducing poverty over the past 15 years. According to the report, the number of people living in multidimensional poverty in India fell from 645 million in 2005 to 230 million in 2019. This represents a decline in the poverty rate from 55% to 16%. The report attributes India's progress in reducing poverty to a number of factors, including improvements in education, healthcare, and sanitation. The report also notes that India's economic growth has played a role in reducing poverty, although the report cautions that economic growth alone is not enough to ensure that everyone benefits. The report's findings are a positive sign for India, but there is still more work to be done. The report estimates that there are still 230 million people living in multidimensional poverty in India, and it calls for continued efforts to reduce poverty and inequality.

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