Slowdown in Indian Economy and MGNREGA
6 Pages Posted: 12 Dec 2019
Date Written: November 25, 2019
It is not that MGNREGA is altogether a bad scheme and cannot be utilized to long term benefits to the economy. It can easily be done by changing some of the features of the present form of this inclusive scheme. Government is required to make it compulsory that the fund of MGNREGA scheme is spent as wages to skilled, semi-skilled and unskilled labour only for infrastructure projects in every development block of every district. In this pursuit a prior annual plan of Prime Minister Gramin Sadak Yojana and MPLADS for regular employment opportunities can play vital role. This will not only provide income source to unprivileged sections of society but also help to build large numbers of infrastructures for civic as well as development purpose. This asset backed scheme will make MGNREGA not only desirable but economically viable and sustainable.
Keywords: Indian Economy, Economic Slowdown, MGNREGA
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