Economy-UPSC notes

Multidimensional Poverty Index (MPI): Indian Economy Notes for UPSC

MPI evaluates poverty across three key dimensions, each divided into specific indicators:1. Health, 2. Education, 3. Standard of Living

Multidimensional Poverty Index (MPI) The Multidimensional Poverty Index (MPI) , developed by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI) , measures poverty by considering multiple deprivations faced by individuals in their daily lives. Unlike income-based measures, MPI provides a broader perspective by assessing non-monetary aspects of poverty. Key Features of MPI Dimensions of Poverty : MPI evaluates poverty across three key dimensions, each divided into specific indicators: Health : Child mortality. Nutrition. Education : Years of schooling. School attendance. Standard of Living : Access to electricity. Sanitation. Safe drinking water. Housing quality. Cooking fuel. Assets ownership. Scoring : Each indicator is weighted equally within its dimension. A person is considered multidimensionally poor if they are deprived in one-third or more of the weighted indicators . Significance Provides a comprehensive view of poverty beyond income, helping p…

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