Multidimensional Poverty Index (MPI) 2023
Why in news ?
Estimates of poverty reduction by a United Nations agency offer cause for satisfaction.
About the Global Multidimensional Poverty Index (MPI)
- This report presents a compact update on the state of multidimensional poverty in the world.
- It compiles data from 110 developing countries covering 6.1 billion people, accounting for 92 percent of the population in developing countries.
- It tells an important and persistent story about how prevalent poverty is in the world and provides insights into the lives of poor people, their deprivations and how intense their poverty is—to inform and accelerate efforts to end poverty in all its forms.
What is the National Multidimensional Poverty Index?
- NITI Aayog, as the nodal agency for MPI, has been responsible for constructing an indigenised index for monitoring the performance of States and Union Territories (UTs) in addressing multidimensional poverty.
- In order to institutionalise this, NITI Aayog constituted an inter-ministerial MPI Coordination Committee (MPICC) including Ministries and departments pertaining to areas such as health, education, nutrition, rural development, drinking water, sanitation, electricity, and urban development, among others.
Significance of India’s success:
- Some of these gains may have the current government’s social development schemes to thank.
- Rapid economic expansion has been criticized for not benefiting the poor, but these estimates suggest that fast growth is indeed improving the lives of those who are the worst off.
Source – The Hindu
