The (Mahatma Gandhi National Rural
Employment Guarantee Act ) NREGA Act 2005 provides enhancement of livelihood
security, giving 100 days of guaranteed wage employment in every financial year
to every household, whose adult members volunteer demanded unskilled manual
work.
Panchayats at districts, intermediate and
village levels will be the principal authorities for planning and implementation
of the scheme.
MNREGA was set up on Feb 2, 2006 from
district Anantapur in the state of Andhra Pradesh, India and originally
protected 200 real "poorest" zones of the nation.
One of the major complaints of the workers
under the NREGA Act 2005 was the consistent delay of wages.
Over the years the process got streamlined
with migration from Cash based disbursements to Electronic based payments.
The absence of a wide-spread banking
network was seen as a major hurdle in the roll-out of the electronic based
payment system.
The Indian Posts with its comprehensive network prompted the Rural Ministry to advise the
workers to open savings accounts in Post Offices.
Now, with PMJDY generating wide spread
interested amongst the rural populace, the Ministry of Rural Affairs is contemplating
of nudging the workers to open PMJDY accounts in the Banks.
On the accounts being opened under PMJDY
the wages mode would be modified from Post Office/Cooperative Bank to PMJDY
Bank accounts.
The immediate impact would be an addition
of 4.41 crores bank accounts if the residuary NREGA workers opt for PMJDY Bank
Accounts.
What an Idea!
The conversion of accounts from Post Office
to Banks under PMJDY mode is part of the MGNREGA
PRC Agenda scheduled on 18th - 19th Sept 14
