A Socio Economic Assessment of Mahatma Gandhi National Rural Employment Guarantee Programme in Ballari District

Abstract

At present, India has become the second most populous nation and the sixth-largest economy in the world, the third-largest by purchasing power parity (PPP), and it is also one of the most poverty-stricken countries. Our economy is surpassing China; hence we call India an emerging nation (World Economic Outlook, 2018). As of now, 70 per cent of people live in rural areas, and significantly poverty in India is estimated to have one-third of the world. Historically, developing economies such as India have been plagued by the unequal distribution of valuable natural resources. Such imbalance is leading to poverty, illiteracy, meagre consumption, low investment and slower growth. The development economist is often warning that unless the eradication of poverty takes place the growth of the nation could not be expected; also the growth-oriented economy cannot be reined justifiably. Thus, the vital key to the distribution of natural resources lies down in the conception of employment opportunities for the developing country like India. In times of growing poverty and unemployment, remedial programmes are necessary measurements to control the above-said problem in developed and developing countries over time. In these countries, dominant problems are high unemployment rates, unequal transfer payments from welfare benefits that can forbid poverty from deterioration, especially during inclination periods. Removal of poverty in a country like India usually is only to fix a long - term goal. Since the 1950s, the governments, non-governmental organizations (NGO) and institutions of other countries have started various programmes to alleviate the poverty at the root level. The efforts include giving food subsidies and other basic needs, giving loans, initiating modern agricultural equipment and minimum price supports, and giving agriculture education and so forth. From the past few decades, India has direct and targeted interventions programmes to fight poverty. In the 1990s, the Congress government took active steps to introduce new economic policies such as liberalization, privatization and globalization. An exemplary treatment of its impact on growth and development, employment and poverty in rural and urban areas is required. Poverty is always depending on the base of income, expenditure and nourishment value.