India brought 271 million out of poverty between 2005-16, similar to China: UNDP-Oxford report

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The Indian Express reports:

In India, more than 271 million people moved out of poverty between 2005-06 and 2015-16, said the estimates released by the UN Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI). India has made giant strides in reducing multidimensional poverty, bringing down its poverty rate from 55 per cent to 28 per cent in ten years, one of the key findings of the 2018 global Multidimensional Poverty Index (MPI) has revealed. Between 2005-06 and 2015-16, more than 271 million people have come out of the clutches of poverty in India, said the estimates released by the UN Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI). The report, however, stated that India still has the largest number of people living in multidimensional poverty in the world, pegging the figures around 364 million people.



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