Why in news?
• The 2020 global Multidimensional Poverty Index (MPI) was recently released by the Oxford Poverty and Human Development Initiative (OPHI) and the United Nations Development Programme (UNDP).
Key findings:
• Around 1.3 billion people are still living in multidimensional poverty.
• Children show higher rates of multidimensional poverty. Half of multidimensionally poor people (644 million) are children under age 18. One in three children is poor compared with one in six adults.
• About 84 % of multidimensionally poor people live in Sub-Saharan Africa (558 million) and South Asia (530 million).
• Four countries halved their MPI value. India (2005/06–2015/16) did so nationally and among children and had the biggest reduction in the number of multidimensionally poor people (over 270 million).
About the global MPI?
• The global MPI is a measure of acute multidimensional poverty. It measures the acute deprivations in health, education, and living standards that a person may face simultaneously.
• The global MPI is composed of three dimensions (health, education, and living standards) and ten indicators. A person is identified as multidimensionally poor if they are deprived in at least one third of the weighted indicators.
• 2020 marks the ten year anniversary since the global MPI was first launched in partnership with the UNDP’s Human Development Report Office (HDRO).
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