Skip to main content
- Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), launched in 2005, aims to enhance livelihood security by guaranteeing at least 100 days of wage employment in a financial year to rural households.
- MGNREGA is demand-driven, ensuring work for those who seek employment under the scheme.
- The scheme focuses on creating durable assets such as water conservation structures, rural roads, and irrigation facilities.
- It provides a safety net for rural households and contributes to
- Unemployment is defined as the condition where individuals are willing to work at the prevailing wage rate but cannot find jobs.
- The measurement of unemployment in India is conducted by organizations like the National Sample Survey Office (NSSO) and the Periodic Labour Force Survey (PLFS).
- The unemployment rate is the percentage of the labor force that is unemployed.
- Labor force participation rate (LFPR) indicates the proportion of the working-age population that is either emplo
- Unemployment refers to the situation where individuals are willing to work at the prevailing wage rate but cannot find jobs.
- Structural Unemployment: Occurs due to a mismatch between skills available in the labor market and the skills demanded by employers.
- Structural unemployment is often caused by technological changes, industrial shifts, or lack of education and training.
- Cyclical Unemployment: Results from the fluctuations in the economy, typically during a recession or econ