CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How much amount has been released by government as its share under the the Mahatma Gandhi National Rural Employment Gurantee Act (MGNREGA)
A
Rs 15, 700 crore
B
Rs 12, 230 crore
C
Rs 50, 130 Lakhs
D
Rs 20, 500 crore
Explanation: 

Detailed explanation-1: -In the last budget presented by Finance Minister Nirmala Sitharaman, the MGNREGA allocation saw a 25% cut to ₹73, 000 crore.

Detailed explanation-2: -Detailed Solution. The correct answer is 75 : 25. Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) is an employment guarantee scheme implemented in India, enacted by legislation on 2 October 2005.

Detailed explanation-3: -The Government of India passed the Mahatma Gandhi National Rural Employment Guarantee Act, 2005 in September, 2005. The Act gives legal guarantee of a hundred days of wage employment in a financial year to adult members of a rural household who demand employment and are willing to do unskilled manual work.

Detailed explanation-4: -The mandate of the MGNREGA is to provide at least 100 days of guaranteed wage employment in a financial year to every rural household whose adult members volunteer to do unskilled manual work.

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