ECONOMICS
HUMAN CAPITAL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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(a)Self employment by providing bank loans
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(b)100 days of guaranteed employment
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(c )It is a wage employment programme
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both (b) and (c )
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Detailed explanation-1: -Gives legal guarantee of wage employment to the adult members of rural households who are willing to do unskilled manual labour subject to a maximum of 100 days per household. It is applicable to all villages in the District. Every rural household has the right to register under MGNREGA.
Detailed explanation-2: -The main feature of the National Rural Employment Guarantee Act 2005 (NREGA) is as follow: It guarantees the 100 days of wage employment in the financial year to a rural household whose adult members volunteer to do unskilled manual work. In this scheme, one-third of the proposed job will be reserved for women.
Detailed explanation-3: -The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has the following objectives: Provide 100 days of guaranteed wage employment to rural unskilled labour. Increase economic security.
Detailed explanation-4: -MGNREGA is more centered towards rural upliftment and in rural areas skilled people in terms of education are less thus the state should be unskilled work to every adult so option A is not correct.