The Global Multidimensional Poverty Index 2021 was released recently. This index presents the incidence and intensity of multidimensional poverty among castes and tribes and among individuals who are not members of any caste or tribe.
In India five out of six multi-dimensionally poor people are from lower tribes or castes.
Consider the following statements:
Both MPI and HDI use the same dimensions to assess poverty levels.
MPI reflects both the incidence and intensity of poverty.
MPI is more universally applicable than HDI.
Which of the above statements is/are correct?
Correct Option: B
Statement 3 is incorrect: HDI is more universally applicable as it is calculated for almost all countries.
Assess the significance of the Multidimensional poverty index collated by the UN's Development Program in recognizing and formulating actions on various facets of poverty in a developing country like India. (250 words)
Introduce by giving a definition of Multi-dimensional poverty, parameters it measures and India’s position in it.
Enumerate how MPI has influenced policies in India