Economy
Health
Economic Development
Social Issues
India
Development
Poverty
International Development
The latest report issued by the United Nations Development Programme (UNDP)- 'Global Multidimensional Poverty Index 2022'- states that
- 415 Million people exited poverty in the last 15 years, between 2005-06 to 2019-21.
- 415 Million people exited poverty in the last 15 years, between 2005-06 to 2019-21.
The 'incidence of poverty' went from 55.1% to 16.4% but still India continues to have the largest no. of poor people in the world
— 228.9 M in 2020.
But wait! What are we talking about? What is Multidimensional Poverty?!
Don't worry. Let us make it easy to understand for you.
— 228.9 M in 2020.
But wait! What are we talking about? What is Multidimensional Poverty?!
Don't worry. Let us make it easy to understand for you.
The global Multidimensional Poverty Index is a standardized way to calculate acute poverty across 111 nations worldwide.
Most countries around the world define poverty as the lack of money. But poverty is different for different people.
Most countries around the world define poverty as the lack of money. But poverty is different for different people.
For ex., an individual might have enough food, but terrible sanitary conditions.
So a poor person can suffer multiple disadvantages at the same time.
So a poor person can suffer multiple disadvantages at the same time.
And sometimes, individuals who are deprived in non-monetary dimensions (health, nutrition, sanitation, etc), are not captured in monetary poverty.
And this reflects a false and deceitful image of poverty, so focusing only on 1 factor- income is not enough.
And this reflects a false and deceitful image of poverty, so focusing only on 1 factor- income is not enough.
And exactly here, Multidimensional Poverty Index
• provides a more comprehensive picture of those people who experience a range of disadvantages;
• and help us understand poverty beyond "lack of money".
• provides a more comprehensive picture of those people who experience a range of disadvantages;
• and help us understand poverty beyond "lack of money".
MPI is structured with 3 dimensions of poverty divided into 10 indicators:
1. Health- Nutrition & Child mortality
2. Education- Years of schooling & School Attendance
3. Standard of living- Cooking fuel, Sanitation, Drinking water, Electricity, Housing & Assets.
1. Health- Nutrition & Child mortality
2. Education- Years of schooling & School Attendance
3. Standard of living- Cooking fuel, Sanitation, Drinking water, Electricity, Housing & Assets.
MPI values = Incidence of Poverty * Intensity of Poverty
• Incidence of Poverty- the proportion of people who live in multidimensional poverty
The value ranges between 0 to 1 and a higher value implies higher poverty.
• Incidence of Poverty- the proportion of people who live in multidimensional poverty
The value ranges between 0 to 1 and a higher value implies higher poverty.
The MPI value of India fell from 0.283 in 2005-06 to 0.069 in 2019-21. And so does the incidence of poverty- from 55.1% to 16.4%.
There's a point to note:
1. Stark rural disparities- Rural areas still account for nearly 90% poor population- around 205 M.
There's a point to note:
1. Stark rural disparities- Rural areas still account for nearly 90% poor population- around 205 M.
2. Children are the poorest of the age group- 21.8% of children are poor as compared to 13.9% of adults.
3. Bihar- the poorest state in India with 34.7% population living under multidimensional poverty.
3. Bihar- the poorest state in India with 34.7% population living under multidimensional poverty.
But In contrast- Rural areas, Children and the State of Bihar saw the fastest reduction in MPI Value as well as the Incidence of Poverty in 'absolute terms'.
But do you even know what our nation's worse-off individuals are deprived of the most?!!
But do you even know what our nation's worse-off individuals are deprived of the most?!!
Nutrition, Sanitation, Cooking Fuel, and Housing- the very basic & essential components of human life.
And that's why the Govt. of India deployed multiple policy actions and schemes strategically over the years.
And that's why the Govt. of India deployed multiple policy actions and schemes strategically over the years.
A. Many programmes were designed to provide an opportunity for the poor to participate in the economic growth process of our nation.
For Ex.
👉 Rural Employment Generation Programme- was launched in 1995 to create self-employment opportunities in rural areas & small towns.
For Ex.
👉 Rural Employment Generation Programme- was launched in 1995 to create self-employment opportunities in rural areas & small towns.
👉 Swaranjayanti Gram Swarozgar Yojana- launched in 1999 to assist poor families above the poverty line by organizing Self Help Groups.
B. And after 2014, many flagship programmes were launched to strengthen the weaker section of our society by
B. And after 2014, many flagship programmes were launched to strengthen the weaker section of our society by
— boosting access to education, nutrition, water, sanitation, cooking fuel, electricity, employment, and housing.
There are visible investments and allocations in the Union Budget that are driving these positive changes.
Here are a few examples:
There are visible investments and allocations in the Union Budget that are driving these positive changes.
Here are a few examples:
👉 Jal Jeevan Mission- a flagship programme to ensure tap water connection by 2024 in all rural households saw a substantial budget allocation
— from Rs.5484 Cr in 2018 to Rs.60,000 Cr in 2022.
— from Rs.5484 Cr in 2018 to Rs.60,000 Cr in 2022.
👉 Swachh Bharat Mission- aims to build millions of individual household toilets along with Community Sanitary Complexes and focus on sludge management, waste-water treatment, etc.
— with more than $30 B of investment till 2032.
— with more than $30 B of investment till 2032.
👉 'PM Poshan Shakti Nirman program and 'Saksham Anganwadi and Poshan 2.0'- aim to provide hot cooked meals to school children between the ages of 6 and 14 years
— with Rs.10,234 Cr and Rs.20,000 Cr respectively.
— with Rs.10,234 Cr and Rs.20,000 Cr respectively.
👉 Deendayal Upadhyaya Gram Jyoti Yojana- was launched in 2014 to improve the quality and reliability of power supply in rural areas to achieve ‘24x7 Power For All
— and Rs.66,380 Cr were sanctioned in 2021.
— and Rs.66,380 Cr were sanctioned in 2021.
👉 PM Ujjwala Yojna- was launched in 2016 to increase the accessibility of clean cooking fuels to economically weaker households in India.
The scheme was expanded to include 8 Cr poor families.
The scheme was expanded to include 8 Cr poor families.
These are not the only factors behind the falling poverty level
— but these integrated multi-sectoral policies along with diversified local dynamics lifted millions out of poverty and gave them a better & brighter future.
— but these integrated multi-sectoral policies along with diversified local dynamics lifted millions out of poverty and gave them a better & brighter future.
If you liked this read, do ReTweet🔄 the 1st tweet and follow us @FinFloww for more❤️
Join 4780 people who are receiving such stories daily on their WhatsApp:
chat.whatsapp.com
chat.whatsapp.com
We have launched a weekly email newsletter, “What the Floww?”
Not to share news but to tell you amazing stories.
Stories that will take you places you’ve never been before.
Subscribe here: getrevue.co
Not to share news but to tell you amazing stories.
Stories that will take you places you’ve never been before.
Subscribe here: getrevue.co
A lot of people have been asking about the source so here we're attaching the link of the report issued by UNDP:
undp.org
undp.org
The relevant part is on page 19.
Loading suggestions...