Rapid poverty decline from 2006-16

15 JUL,2019 | MEDC


 

India recorded the fastest reduction in multidimensional poverty between 2006 and 2016. According to a report by the UN, India lifted 271 million people out of poverty during this period. Multidimensional poor means that poverty is defined not only by income but also by a number of other socioeconomic indicators including health, work quality, and the threat of violence. India reduced deprivation in nutrition from 44.3% in 2005-06 to 21.2% in 2015-16. Also, more Indians gained access to electricity and housing in this period. Ethiopia, India and Peru reduced deprivation significantly on all 10 indicators, viz. nutrition, sanitation, child mortality, drinking water, years of schooling, electricity, school attendance, housing, cooking fuel, and assets. Also, India did not leave the poorest groups behind in this rapid socioeconomic ascent. This is certainly good news for the country as human development and socioeconomic growth usually go together.

*Photo Credit: Google

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