Is MGNREGS the answer to the rural slowdown?
MGNREGS could alleviate rural distress but, in its current form, its overall impact on the rural economy is limited in scope
With rural distress deepening across India and private consumption growing anaemically, calls for ramping up the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), are growing louder ahead of the upcoming budget. Proponents of MGNREGS believe that it may be the only ammunition in the government’s arsenal to fight rural poverty. Critics, though, have labelled the scheme as leaky, wasteful and simply ineffective.