MGNREGA - Work Demanded
Source: CMIE Economic Outlook, 1 Finance Research
Best viewed in desktop
What does MGNREGA - Work Demanded represent?
- Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) aims to enhance livelihood security in rural areas by providing at least 100 days of wage employment in a financial year to every household whose adult members volunteer to do unskilled manual work.
- This indicator reflects the total number of days of work requested by eligible households under MGNREGA. It is a measure of the demand for work in rural areas under this scheme.
What is the significance of MGNREGA - Work Demanded data?
- The number of workdays demanded is a vital indicator of rural employment needs and economic distress, which helps the policy-makers to plan the need for rural welfare and employment schemes.
- This data helps in assessing the effectiveness of MGNREGA in providing employment and also in understanding the economic conditions, particularly in rural India.
How to interpret MGNREGA - Work Demanded data?
- A higher demand for work can signify increased unemployment or underemployment in rural areas, indicating growing rural distress or insufficient employment opportunities in the agri and industrial sectors. Conversely, a decreasing trend might imply better employment opportunities outside MGNREGA or improved economic conditions in rural areas.
- The demand for work under MGNREGA is often seasonal, with more demand during agricultural off-seasons. This seasonal variation is crucial for understanding the rural economy's dynamics.
Related HFIs
Assessment and Expectation for Overall Business Situation (Services)
Baltic Dry Index (BDI)
Bank Credit to Services
Capital Expenditure - Central Government
Central Government Tax Collections
Consumer Price Index (CPI) Inflation - Miscellaneous
Domestic Air Passenger Traffic
Domestic Passenger Car Sales
EPFO Additions
Goods and Services Tax (GST) Collections
International Air Passenger Traffic
Net Inflows - Services Trade
Port Cargo Traffic
Revenue Earnings - Railway Freight Traffic (Major Commodities)
Services Purchasing Managers Index (PMI)
