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(Solved): Explain the concept of the NREG and how its value can be estimated. Define NAIRU and explain how it ...


Explain the concept of the NREG and how its value can be estimated. Define NAIRU and explain how it is related to the NREG.



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The concept of NREG (National Rural Employment Guarantee) refers to a social welfare program implemented in India. It guarantees 100 days of employment per year to rural households whose adult members are willing to do unskilled manual work. The program aims to provide livelihood security, improve rural infrastructure, and promote sustainable development.

The value of NREG can be estimated through various means:
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