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India has big wealth disparity but pulled 415 million out of multidimensional poverty since 2005: UNDP

IndiaTimes Tuesday, 7 November 2023
India has been ranked among the countries with the highest income and wealth inequalities in the Asia-Pacific region, according to a UNDP report. However, the report also highlights that India has made significant progress in reducing poverty, lifting around 415 million people out of multidimensional poverty since 2005. The report emphasizes that poverty remains concentrated in certain states and that many people are vulnerable just above the poverty line. It also mentions India's demographic advantage with a rapidly expanding youth population and its contribution to global middle-class growth. The report praises India's digital success, citing examples like CoWIN and UPI.
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