The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)

The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) , introduced in 2005 by the Ministry of Rural Development , is one of the world's largest work guarantee programs.  It aims to strengthen livelihood security in rural areas by providing 100 days of assured wage employment each year to adult members of rural households willing to engage in unskilled manual labor. This initiative plays a vital role in promoting economic stability, empowering communities, and fostering sustainable development across India's rural landscape. The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) stands as a monumental testament to India's commitment to social welfare and rural empowerment. Enacted in 2005, this groundbreaking initiative has evolved into one of the most significant pillars of support for rural populations across the country. Imagine a program that guarantees 100 days of wage employment annually to adult members of rural households—this is not jus...

🚩Domestic content requirements 🚩🚀

1) Domestic content requirements under India’s National Solar Mission.
2) Corporate tax deductions provided under the SEZ
3) Controversial Section 232 tariffs imposed under the U.S. Trade Expansion Act, 1962. The U.S. had imposed an additional duty of 25% on steel and 10% on aluminium, triggering a series of WTO challenges and unilateral trade responses. 
4) India will remove the additional duties, which were retaliatory in nature, on certain U.S. agricultural imports which had suffered certain collateral damage on account of the Section 232 measures. India will now revert to the currently applied ‘most favoured nation’ (MFN) rate for eight products. In other words, India is only removing the retaliatory duties on these eight products and not offering any preferential concessions on them. The MFN-applied rates would continue to apply to these products.

👉Lesson learnt - A greater use of diplomacy and bilateral negotiations can be more practically useful when adjudicatory outcomes are not immediately available or politically infeasible.

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