• Business News
  • Shows
    • Daily Show2+2=5Take it EasyRed AlertFormula GuruMoney GyanMoney CentralMoney timeJhatpat
    • Weekly ShowMoney ComicsEconomicomRealty CheckSmile and payMoney TalesSpend WiseCompanynama
  • Insurance
  • Savings
  • Loan
  • Stocks
  • Mutual Funds
  • Real Estate
  • Crypto
  • Tax
    • हिन्दी
    • తెలుగు
    • मराठी
    • বাংলা
    • ગુજરાતી
    • ಕನ್ನಡ
  • Close
  • Daily Show
    • 2+2=5
    • Take it Easy
    • Red Alert
    • Formula Guru
    • Money Gyan
    • Money Central
    • Money time
    • Jhatpat
  • Weekly Show
    • Money Comics
    • Economicom
    • Realty Check
    • Smile and pay
    • Money Tales
    • Spend Wise
    • Companynama
  • Insurance
  • Savings
  • Loan
  • Crypto
  • Stocks
  • Mutual Funds
  • Real Estate
  • Tax
  • Exclusive
  • Home » News » Economy » Demand for work under MGNREGA exceeds work generation November

Demand for work under MGNREGA exceeds work generation November

Only 11.66 crore person-days of work generated in November compared to 22.23 crore person-days in October

  • Money9
  • Publish Date - December 2, 2021 / 04:59 PM IST
Demand for work under MGNREGA exceeds work generation November
The report quoted labour expert KR Shyam Sundar as saying that slower funds flow has slowed down at a time there is a renewed demand for work under MGNREGA in the post-harvest season.

Only 11.66 crore person-days of work generated in November compared to 22.23 crore person-days in October under the rural employment guarantee scheme, according to a report.

The difference between the person-day work generation and work demanded was the highest in the month under review, reported The Economic Times.

In November 2019, the pre-Covid period, the work generated was 16.92 crore, while individual demand for work stood at 1.92 crore, the report said.

Demand and supply

According to MGNREGA data, 2.62 crore individuals demanded work in November. The number was 2.60 crore in the previous month. The number of households that demanded work stood at 2.10 crore (2.07 crore in October).

The Economic Times quoted experts as saying that migrants, who have been in the villages since lockdown in 2020, are yet to return.

The report quoted labour expert KR Shyam Sundar as saying that slower funds flow has slowed down at a time there is a renewed demand for work under MGNREGA in the post-harvest season.

Earlier it was reported that in the first five months of the current fiscal, 77% of the MGNREGA budget has already been utilised.

Out of the total allocated fund of Rs 73,000 crore, close to Rs 55,915.31 crore has already been utilised. An additional allocation of Rs 25,000 crore might be needed to meet the demand in the remaining part of FY22, the Business Standard had reported

Rural employment guarantee scheme

MGNREGA was launched in 2006 by PM Manmohan Singh-led UPA-I government. It was a flagship scheme of the erstwhile government that guaranteed at least 100 days of employment in a financial year to unskilled rural households at a pre-determined minimum wage. It was renamed MGNREGA in 2009. The scheme was a saviour for thousands of workers who returned to their native places following the nationwide lockdown in March 2020 due to the outbreak of Covid-19 pandemic.

Download Money9 App for the latest updates on Personal Finance.

follow us

  • Facebook
  • Twitter
  • LinkedIn
  • Telegram
  • Youtube
  • Instagram

also read

  • Centre earned more than Rs 8 lakh cr in fuel taxes in last 3 fiscals: Sitharaman

    Centre earned more than Rs 8 lakh cr in fuel taxes in last 3 fiscals: Sitharaman

  • ADB scales down India’s GDP growth projections to 9.7% in FY 22

    ADB scales down India’s GDP growth projections to 9.7% in FY 22

Read more news on

  • Economy
  • Employment
  • Individual demand
  • MGNREGA
  • Rural employment scheme

Latest Video

SEE MORE
Nitin Gadkari proposes star ratings for vehicles

Nitin Gadkari proposes star ratings for vehicles

Updated: June 30, 2022
Fintech rules which RBI changed recently

Fintech rules which RBI changed recently

Updated: June 29, 2022
What is target price for Nifty and Sensex?

What is target price for Nifty and Sensex?

Updated: June 29, 2022
Why wheat flour prices increased after wheat export ban?

Why wheat flour prices increased after wheat export ban?

Updated: June 29, 2022
Is Petrol-Diesel price increase again on the cards?

Is Petrol-Diesel price increase again on the cards?

Updated: June 23, 2022
Why are edible oil prices falling?

Why are edible oil prices falling?

Updated: June 23, 2022
Why popular AMC stocks are down?

Why popular AMC stocks are down?

Updated: June 22, 2022
Why are car, two wheeler prices not falling?

Why are car, two wheeler prices not falling?

Updated: June 21, 2022
Open in App

Related

  • EPFO adds 12.73 lakh more subscribers in October

    EPFO adds 12.73 lakh more subscribers in October

  • WPI inflation at 14.23% increases to more than a decade high

    WPI inflation at 14.23% increases to more than a decade high

  • Market fairly priced, but time to maintain neutral equity: Nilesh Shah

    Market fairly priced, but time to maintain neutral equity: Nilesh Shah

  • Industrial production increases 3.2% in October

    Industrial production increases 3.2% in October

  • Demand for work under MGNREGA exceeds work generation November

    Demand for work under MGNREGA exceeds work generation November

  • RBI bats for functional autonomy for local bodies

    RBI bats for functional autonomy for local bodies

Videos

  • RBI hikes Repo Rate, should you invest in banking stocks?
    Stocks

    RBI hikes Repo Rate, should you invest in banking stocks?

  • Which is cheapest among Airtel, Tata Play, Dish TV, etc?
    Budget

    Which is cheapest among Airtel, Tata Play, Dish TV, etc?

  • How to save capital gains tax on stocks and mutual funds?
    Tax

    How to save capital gains tax on stocks and mutual funds?

  • What is assured return scheme in real estate?
    Real Estate

    What is assured return scheme in real estate?

  • Hero MotoCorp drives in new Passion ‘XTec’
    Exclusive

    Hero MotoCorp drives in new Passion ‘XTec’

  • TV9 Sites

  • TV9 Hindi
  • TV9Telugu.com
  • TV9 Marathi
  • TV9 Gujarati
  • TV9 Kannada
  • TV9 Bangla
  • News9 Live
  • Know this india
  • Money9 Sites

  • Money9 Hindi
  • Money9 English
  • Money9 Marathi
  • Money9 Telugu
  • Money9 Gujarati
  • Money9 Kannada
  • Money9 Bangla
  • Topics

  • Insurance
  • Savings
  • Loan
  • Stocks
  • Mutual Funds
  • Real Estate
  • Tax
  • Crypto
  • Exclusive
  • Daily Shows

  • 2+2=5
  • Take it Easy
  • Red Alert
  • Formula Guru
  • Money Gyan
  • Money Central
  • Jhatpat
  • Money time
  • Weekly Shows

  • Money Comics
  • Economicom
  • Realty Check
  • Smile and pay
  • Money Tales
  • Companynama
  • Spend Wise
  • Follow us

  • FaceBook
  • Twitter
  • Youtube
  • Instagram
  • Linkedin
  • Download App

  • Andorid
  • ios
  • Contact Us
  • About Us
  • Advertise With Us
  • Privacy & Cookies Notice
  • Complaint Redressal
  • Copyright © 2022 Money9. All rights reserved.