India on track to halve poverty by 2015: UN report

India on track to halve poverty by 2015: UN report

New Delhi: While Asia has continued to record the sharpest reductions in poverty across the world, it has also shown considerable improvement in other social parameters including child and maternal health, states a United Nations report released on Friday.

The Millenium Development Goals report 2011 also says India is on track to cut poverty by half by the 2015 target date, with poverty rate projected to fall from 51% in 1990 to 22% in 2015.

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The report shows the proportion of people living on less than $1.25 (international poverty line defined by the World Bank) a day in developing countries came down from 1.8 billion in 1990 to 1.4 billion in 2005, with the corresponding poverty rate dropping from 46% to 27%.

The MDG target is to halve the proportion of people with less than $1 income a day between 1990 and 2015.

However, despite the reduction in poverty rates, the proportion of people in the developing world going hungry has remained constant at 16%.

Meanwhile, the proportion of underweight children under 5 years has declined from 30% to 23% in developing countries. While the maternal mortality rate dropped by 34% between 1990 and 2008, the MDG target remains distant.

Graphic by Ahmed Raza Khan/Mint