The effect of the Mahatma Gandhi National Rural Employment Guarantee Act on the size of outstanding debts in rural India
Patwardhan, Sharvari and Tasciotti, Luca ORCID: https://orcid.org/0000-0003-2561-5530
(2022)
The effect of the Mahatma Gandhi National Rural Employment Guarantee Act on the size of outstanding debts in rural India.
Journal of Development Effectiveness.
pp. 1-21.
ISSN 1943-9342 (Print), 1943-9407 (Online)
(doi:10.1080/19439342.2022.2103169)
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Abstract
MGNREGA was introduced in India in 2005 with the aim to improve the livelihood of rural Indian households. In 2012-13, around 156 million rural Indian households had an outstanding personal debt; 85% of the amount of credit being disbursed was given to those households in the bottom income decile for ‘non-business’ related purposes. This paper uses nationally representative household data from the NSS EUS collected in 2004-05 and 2009-10 to look at the impact MGNREGA has had on the rural households’ ability to repay outstanding debt. Results suggests that MGNREGA reduced the size of the outstanding debts for vulnerable households.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | MGNREGA; India; household debt; household level data |
| Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HC Economic History and Conditions J Political Science > JV Colonies and colonization. Emigration and immigration. International migration |
| Faculty / School / Research Centre / Research Group: | Faculty of Business Faculty of Business > Department of International Business & Economics Greenwich Business School > Political Economy, Governance, Finance and Accountability (PEGFA) |
| Last Modified: | 02 Dec 2024 16:09 |
| URI: | http://gala.gre.ac.uk/id/eprint/37206 |
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