Sol –
The Multidimensional Poverty Index (MPI) is developed by the Oxford Poverty and Human Development Initiative (OPHI) and the United Nations Development Programme (UNDP).
Method of Calculation of the Multidimensional Poverty Index –
- The MPI assesses poverty through three dimensions: Health, Education, and Living Standards
- Each dimension is equally weighted at one-third [1/3rd]
- Each dimension is further divided into specific indicators as follows –
A household is considered multidimensionally poor if it is deprived of at least one-third of the weighted indicators
Position of India in MPI 2024 –
- 16.4% of India’s population (approx. 233.7 million people) are multidimensionally poor.
- 18.7% (approx. 266.4 million) are vulnerable to multidimensional poverty.
- MPI value is – 0.069
- Progress – 55% people were multidimensionally poor in 2005 [41.5 crore people exited poverty between 2005-06 and 2019-21]
