415 million people out of poverty in just 15 years in India, UN claims

The United Nations claimed on Tuesday that India lifted 415 million people out of poverty in just 15 years, from 2005/2006 to 2019/ 2021, demonstrating the world’s most populous country’s outstanding increase in human development indices.

The United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI) at the University of Oxford issued the newest version of the worldwide Multidimensional Poverty Index (MPI) today, with estimates for 110 countries.

Poverty is defined by more than a lack of income and productive resources to assure long-term livelihoods. People living on less than USD 1.90 per day are often considered poor.

Aside from India, China moved 69 million people out of poverty between 2010 and 2014, while Indonesia lifted 8 million people out of poverty between 2012 and 2017.
According to the UN report, 19 million and 7 million people in neighboring Bangladesh and Pakistan rose out of poverty between 2015 and 2019, respectively.

According to the paper, poverty reduction is attainable. According to the paper, an analysis of trends from 2000 to 2022 centered on 81 nations found that 25 countries successfully reduced their worldwide MPI levels within 15 years. Many countries have reduced their MPI by half in as little as four to twelve years.

India, Cambodia, China, Congo, Honduras, Indonesia, Morocco, Serbia, and Vietnam are among those countries, it added, emphasizing that rapid growth is possible.