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Problems faced by MGNREGS beneficiary's wage payment through bank account
V. Rajalakshmi,
Published in Serials Publications
2017
Volume: 15
   
Issue: 21
Pages: 59 - 65
Abstract
"Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) is considered as one of the best programme. It enacted the National Rural Employment Guarantee Act (NREGA) on February 2, 2005 launched by central government of India with main objective of creating sustainable livelihood for rural poor by linking the benefits of the scheme with the participation. The scheme is also meant to uplifting economically, financially, politically, aiming to reduce migration and assets creation in rural areas so that all rural poor get more empowerment in the country, thereby improving their standard of living and this scheme is the biggest poverty alleviation programme in the world. This scheme started with an initial outlay of '11.300 crore in the year 2006-07, '34,000 crore in 2014-15, '38,500 in 2015-16, and presently the government sanctioned '42,000 crore for 2017-18. But, even after sanctioning the huge amount of fund for the scheme, still in India both rural poverty and unemployment have grown in a record manner during last few decades and the women who participated in this scheme are facing lot of problems/obstacles like delay in wage payment through banks, demonetization, stress on job and health related issues". Particularly in Vellore district there are 743 panchayats in 20 blocks and nearly 73,280 women workers were registered so far and nearly '100 crore of wage payment not yet paid to beneficiaries through Aadhar linked nationalized bank accounts. By keeping this in mind, this paper going to address the problems related to wages payment to the beneficiaries through bank and demonetization of currency in India by entitled "Problems faced by MGNREGS beneficiary's wage payment through bank" in Katpadi, in Vellore district of Tamil Nadu.
About the journal
JournalInternational Journal of Applied Business and Economic Research
PublisherSerials Publications
ISSN09727302