Correct option is B
Sol: the correct answer is (b) Mahatma Gandhi National Rural Employment Guarantee Act
Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), 2005:
This Act aims to enhance livelihood security in rural areas by providing at least 100 days of guaranteed wage employment in a financial year to every household whose adult members volunteer to do unskilled manual labor. It also seeks to create durable assets and strengthen the rural economy.
Key points:
Ensures wage employment within 15 days of demand, failing which unemployment allowance is provided.
Focuses on creating durable assets and strengthening the livelihood resource base of the rural poor.
Empowers rural communities through the Gram Panchayats, who play a central role in planning and implementation.
Promotes transparency and accountability in governance through social audits and a grievance redressal mechanism.
Information booster:
Atal Pension Yojana (APY)
Objective: Provides social security to workers in the unorganized sector.
Key Features: Offers a guaranteed pension ranging from ₹1000 to ₹5000 per month depending on the contribution made, with the government co-contributing to eligible subscribers.
Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM):
Objective: Provides a pension scheme for unorganized workers.
Key Features: Offers a minimum assured pension of ₹3000 per month after the age of 60. It is a voluntary and contributory pension scheme with contributions matched by the government.