Журнал глобальной экономики

Reviewing MGNREGA: The Cheering Method of Poverty Reduction

Abstract

Muzafar AM and Jahangir AB

It is hard to think development of a nation without the development of rural economy, neglecting of rural means neglecting of overall development. The real development of India lies in the economic betterment of rural people for which government needs to make strong economic policies and better implementing strategies. MGNREGA is the scheme with lot of alacrity, zeal and potential to boost economy and social transformation of lives at large. Further MGNREGA acts as an engine to achieve the goal of inclusive growth where sustainable developmental parameters are the yardstick to measure development. In this paper we have analysed the Indian perspective of rural development, joblessness of poor, and the socio-economic conditions of rural people through reviewing of previous work. Furthermore, in this paper it is also explained how MGNREGA can be made a cheering scheme and more effective. At last some important suggestions have been proposed to make this scheme more powerful, fruitful and valuable.