🌕 According to the UNDP and Oxford Poverty and Human Development Initiative, a large swathe of the population, comprising 364 million people, are
engulfed by multidimensional poverty and continue to experience deprivation in health, schooling, and sanitation.
🌕 India’s Multi-dimensional Povery Index was 0.121, lower than the world average of 0.159. The country was ranked 53rd out of 105 developing countries in 2017.
🌕 While there has been much progress in science and innovative applications of digital technology in diverse fields, India is still experiencing a shocking rise in
inequality. The ‘trickle down’ effect has not been very effective, even though 271 million people moved out of poverty between 2005-06 and 2015-16.
🌕The poverty rate in India has nearly halved, falling from 55 per cent to around 28 per cent in the 10-year period between 2005-06 and 2015-16.
🌕 Poverty, which was 70% during Independence, came down to 22% in 2011-12. The percentage of the population living below the poverty line in India decreased to 22% in 2011-12 from 37% in 2004-05, according to data released by the Planning Commission in July 2013.
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