Global Multidimensional Poverty Index (MPI) report, 2024 released

Oct 18, 2024

Current Affair 1:

It is jointly published by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI).

This 2024 Global Multidimensional Poverty Index (MPI) report overlays violent conflict data with multidimensional poverty data to better understand their interlinkages across countries and over time.

MPI is a poverty measure that reflects the multiple deprivations that poor people face in the areas of education, health, and living standards.

If a person is deprived of 1/3rd or more of (weighted) indicators, they are identified as ‘MPI poor’.

 

Note: the lower MPI values represent a better performance regarding multidimensional poverty.

India stands at 0.069.

According to the 2024 Global Multidimensional Poverty Index (MPI) report, India has the highest number of people living in poverty in the world

India’s National MPI (NMPI)

It was introduced in 2021 by NITI Aayog. Retained the 10 original indicators of the global MPI model and has added two indicators, viz., Maternal Health and Bank Account.

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