Financial Inclusion and Policy Outcomes of MGNREGA: A Comprehensive Analysis of Wage Transparency and Resource Allocation in Rayagada
Year: 2025
Type: article
Abstract: : This research examines the socio-economic impact of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in Odisha's Rayagada district, a predominantly tribal region. Employing mixed methods, including surveys, interviews, and Structural Equation Modelling (SEM), it evaluates key outcomes like financial inclusion, wage transparency, and resource allocation efficiency. While MGNREGA enhances livelihoods and financial access, challenges such as wage delays and administrative hurdles persist. The study proposes actionable strategies to refine implementation, offering novel insights for rural development globally. Keywords: MGNREGA, Rural Employment, Financial Inclusion, Policy Optimization, Rural Development JEL Classification Number: J21, J31, H53
Authors: Pran Krishno Panigrahi, Sadananda Sahoo
Institution: GIET University
Language: English
Subfield: Sociology and Political Science
Field: Social Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W6930951709
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