Assistant Professor, Hirachand Nemchand College of Commerce, Solapur, India
Online published on 11 July, 2017.
Since the problem of poverty and unemployment is having serious impact on the economy of the state, there is an immense need of taking some concrete efforts to understand and evaluate this scheme with the help of financial prospective. In the semi-arid region to which the state of Maharashtra in India belongs, agriculture is a highly seasonal activity. During the lean periods, large numbers of rural households mostly remains under un-remunerative employment. The aim of the Mahatma Gandhi National Rural Employment Guarantee Act is to address this problem by providing guaranteed employment at a wage level sufficient to ensure a minimum level of subsistence. By reducing risks faced by poor households, and by constructing productive assets and infrastructure, the scheme also aims to have a longer-term developmental role.
Economy, financial prospective, employment, development