Dilpreet Sharma

2 months ago | epw.in | Arushi Jain |Smita Sharma |Dilpreet Sharma

An Analysis of MGNREGA The study investigates whether the Mahatma Gandhi National Rural Employment Guarantee Scheme acts in a procyclical, countercyclical, or neutral manner in response to economic fluctuations captured by the changes in GDP. Results indicate a significant negative long-term relationship between MGNREGA work supply and GDP across all stages of variable decomposition as well as between trend-excluded and seasonally adjusted demand cycles and GDP from Q1: 2013–14 to Q2: 2022–23.