MGNREGA

byPaytm Editorial TeamLast Updated: December 29, 2025

Meaning & Definition

MGNREGA is a scheme that guarantees at least 100 days of wage employment to rural households each year.

Key Features

  • Focus on rural employment
  • Fixed wage payments
  • Improves rural livelihood

Full Form

MGNREGA – Mahatma Gandhi National Rural Employment Guarantee Act

You May Also Like

FintechLast Updated: August 12, 2025

Definition Fintech is short for Financial Technology. It refers to the use of technology to deliver financial services…

CAGR (Compound Annual Growth Rate)Last Updated: December 12, 2025

Meaning & Definition CAGR stands for Compound Annual Growth Rate. It represents the annual growth rate of an…

Reverse MortgageLast Updated: November 14, 2025

Meaning Reverse Mortgage is a loan that allows senior citizens to use their home’s value to get regular…

UPI Cross-Border PaymentsLast Updated: September 16, 2025

Definition UPI cross-border payments allow international transactions using the UPI system, enabling Non-Resident Indians (NRIs) or international customers…