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India / World Bank calls National Rural Employment Guarantee Act a stellar example

The World Development Report 2014 has described the Mahatma Gandhi National Rural Employment Guarantee Act as a “stellar example of rural development\”. At the heart of the World Bank’s endorsement is the direct cash transfer (to bank and postal savings accounts) component of the rural employment programme.

NREGA has been described as the perfect example of government to person payments. “In 2008, India’s National Rural Employment Guarantee Act made more than 45 million payments to poor people living in rural areas. People can receive their G2P (government-to-person) payment from post office saving accounts, bank accounts, and village officials”.

The latest edition of the World Bank’s annual report credits the government’s flagship rural employment programme for not just unleashing a “revolution in rural India” but establishing a model of inclusive development. “India’s Mahatma Gandhi National Rural Employment Guarantee Act illustrates how good governance and social mobilization go hand-in-hand,” the Bank’s report states.

Chosen excerpts by Job Market Monitor. Read the whole story at 

Economic Times

via World Bank calls NREGA a stellar example of rural development – The Economic Times.

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