Reduction in Poverty: The report also shines a light on the significant reductions of poverty in India.
In India, 415 million people exited poverty between 2005/2006 and 2019/2021—including about 140 million since 2015/2016.
India’s MPI value and incidence of poverty were both more than halved.
The MPI value fell from 0.283 in 2005/2006 to 0.122 in 2015/2016 to 0.069 in 2019/2021.
The incidence of poverty fell from 55.1 percent in 2005/2006 to 27.7 percent in 2015/2016 to 16.4 percent in 2015/2016.
For the first time, South Asia is not the region with the highest number of poor people, at 385 million, compared with 579 million in Sub-Saharan Africa.
Performance of States: Bihar, the poorest state in 2015-16, saw the fastest reduction in MPI value in absolute terms.
Of the 10 poorest states in 2015/2016, only one (West Bengal) have emerged out of the list in 2019-21.
The rest (Bihar, Jharkhand, Meghalaya, Madhya Pradesh, Uttar Pradesh, Assam, Odisha, Chhattisgarh and Rajasthan) remain among the 10 poorest.
