At 273 million, India recorded world’s largest reduction in poverty from 2005-16: Oxford-UN study

About 273 million Indians were lifted out of multidimensional poverty, over a period of 10 years, between 2005-2006 and 2015-2016, according to a study conducted by the Oxford Poverty and Human Development Initiative (OPHI) in collaboration with the United Nations Development Programme.
The study titled ‘Charting pathways out of multidimensional poverty: Achieving the SDGs’ was based on a global multidimensional poverty index (MPI) which annually measures the complexities of poor people’s lives, individually and collectively.
The report noted that, India has recorded the largest reduction in the number of people living in poverty, among the 75 countries studied in MPI.
Four countries namely India, Armenia, Nicaragua and North Macedonia, have reduced their MPI by half or more in 5.5 to 10.5 years.
65 out of 75 countries significantly reduced their multidimensional poverty levels, and of these 65, 50 also reduced the number of people living in poverty..