Indian Economy: A journey of last 65 years
With an aim of improving the purchasing power of the rural people, primarily semi or un-skilled work to people living in rural India, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) was launched by the Government of India. It was enacted by legislation on August 25, 2005.
The law was initially called the National Rural Employment Guarantee Act (NREGA) but was renamed on 2 October 2009. The Indian job guarantee scheme provides a legal guarantee for one hundred days of employment in every financial year to adult members of any rural household willing to do public work-related unskilled manual work at the statutory minimum wage of INR120 (2009 prices).
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