Economics • Indian EconomyMedium
What is the core objective of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) implemented across rural districts of India?
A. To provide guaranteed wage employment for at least one hundred days in every financial year to every rural household whose adult members volunteer to do unskilled manual work✓ Correct Answer
B. To offer interest-free commercial loans for establishing large-scale industrial manufacturing units in rural areas
C. To distribute free agricultural land ownership titles to landless farmers residing in tribal districts
D. To provide mandatory pension benefits to unorganized sector workers aged above sixty years
💡 Solution & Explanation
Enacted in 2005, MGNREGA guarantees at least one hundred days of wage employment in every financial year to every rural household whose adult members volunteer for unskilled manual labor. This legislation aims to enhance livelihood security and build durable rural assets like water conservation structures and rural roads. Industrial loans and land distribution fall outside its statutory framework, while pension schemes are administered through separate social security programs. It acts as an automatic social safety net during agricultural downturns.
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