In
the present situation of global economic crisis and
national economic slowdown, “inclusive” public expenditure,
such as in the NREGS is not only desirable from a social
or welfare perspective – it also provides very direct
economic benefits. This is because wage employment schemes
like NREGS tend to be self-targeting and thus will lead
to a higher multiplier effect, making government expenditure
more effective in reviving output and indirect employment. |