The broken promise of the right to work

The Indian government has replaced the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) with the Vidhi Bhawan- Gramin Rozgar Adhiniyam (VB-GRAM) G Act, which has weakened the rural right-to-work framework. This change has significant implications for the economy, particularly in rural areas where many people rely on such jobs for their livelihood. The weakening of this framework could lead to reduced economic growth and lower demand in rural areas, ultimately affecting the overall economy.

Why it matters

The replacement of MGNREGA with the VB-GRAM G Act has weakened the rural right-to-work framework, which could lead to increased unemployment and poverty in rural areas. This could have a negative impact on the overall economy and stock market.

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