Centre to replace MGNREGA with new employment bill
pre-market1 source ↓written by the desknot a recommendation
- to introduce
- 2025 Viksit Bharat Bill
- and raise states
- 100 to 125
- cost share
- 40%
The Union government plans to introduce the 2025 Viksit Bharat Bill, replacing the MGNREGA. The bill aims to increase guaranteed working days from 100 to 125 and raise states' cost share to 40%. This change may impact rural employment dynamics and economic sentiment, as MGNREGA has been crucial for livelihood security in rural areas. 📉
Not investment advice. For informational purposes only.