India among 5 nations with largest number of people living in poverty: UN

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The latest update of the global Multidimensional Poverty Index (MPI) was released on Thursday by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI) based at the University of Oxford.It said that 1.1 billion people live in acute poverty worldwide, with 40 per cent living in countries experiencing war, fragility and/or low peacefulness, according to at least one of the three widely used datasets of conflict settings.

India is among the five countries globally with the largest number of people living in poverty, according to the UN report that said 1.1 billion people, over half of them minors, live in acute poverty worldwide.

India has 234 million people living in poverty, which is medium Human Development Index, placing the country among five globally with the largest number of people living in poverty.

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Category: BusinessFinance

Markets: IndiaCongoEthiopiaNigerNigeriaPakistan

Topics: Human development index Multidimensional poverty index Poverty in India Poverty

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Article Type: News Report

Published On: 2024-10-18 @ 19:15:01 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

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