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Coronavirus effect: MGNREGA work demand at five-year high, informal sector under stress

Shortpedia

Content Team

As the coronavirus outbreak continues to hit the economy and local businesses heavily, the monthly demand for rural jobs under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has touched a new high at 3.95 crore until May 20, with analysts saying it will most likely cross 4 crores by the end of the month. The spike in May this year is indicative of the huge job losses, particularly in the informal sector.