MULTIDIMENSIONAL POVERTY - ECONOMY

News: Over 24.8 Cr People Moved Out of Multidimensional Poverty in India In 9 Years: NITI Report

 

What's in the news?

       Recently, NITI Aayog released the Multidimensional Poverty Index.

 

Key details:

       About 135.5 million (13.5 crore) persons have exited poverty between 2015-16 and 2019-21.

       Rural areas saw a faster reduction in their MPI value, compared to urban areas.

       The incidence of poverty fell from 32.59% to 19.28% in rural areas compared to a decline from 8.65% to 5.27% in urban areas between 2015-16 and 2019-21.

       Nearly 3.43 crore people escaped poverty in Uttar Pradesh, registering the largest decline among the 36 States and Union Territories.

 

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.

 

Dimensions:

       Like the global MPI, India’s national MPI has three equally weighted dimensions – Health, Education and Standard of living – which are represented by 12 indicators.

 

Sub-indices of the National MPI:

       Headcount Ratio (H): How many are poor?

       Proportion of multidimensionally poor in the population, which is arrived at by dividing the number of multidimensionally poor persons by total population.

       Intensity of Poverty (A): How poor are the poor?

       Average proportion of deprivations which is experienced by multidimensionally poor individuals. To compute intensity, the weighted deprivation scores of all poor people are summed and then divided by the total number of poor people.