In a "historical change" for India, 415 million people exited multidimensional poverty in the country in 15 years between 2005-06 and 2019-21, the United Nations (UN) said on Monday.
The incidence of poverty in the country dropped from 55.1% in 2005-06 to 16.4% in 2019-21, as per the latest Multidimensional Poverty Index (MPI) compiled jointly by the UN Development Programme (UNDP) and Oxford Poverty and Human Development Initiative (OPHI).
India demonstrated that the 'Sustainable Development Goal' target of reducing poverty by half the proportion of men, women, and children of all ages by 2030 was possible even at a large scale, UNDP said in a statement. "India is an important case study for the Sustainable Development Goals," it said.
Of the nearly 415 million people who exited poverty in India in the 15 years before the Covid-19 pandemic, roughly 275 million did so between 2005-06 and 2015-16 and another 140 million did so between 2015-16 and 2019-21, the report said.
"India has shown great commitment and leadership in lifting people out of poverty, especially among the poorest in the country," said Shoko Noda, resident representative of UNDP India.
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