GOVERNMENT INTERVENTION IN RURAL LABOUR MARKET: A CASE STUDY OF MG-NREGS IN NALBARI, ASSAM

-Rural economy is the heart of the Indian economy by providing shelter to almost 68.84 percent of India's 121 crore (census of India, 2011) people. In developing countries like India, rural labour consists of one of the largest work force, i.e. it accounted for almost 60 percent of the total labour force. A person who is living and working in rural area and engaged in agricultural and\or non-agricultural activities requiring physical labour and getting wages or remunerations partially or wholly in cash or kind or both during the year or such own-account workers like small farmers and artisans who are not usually hiring in labourers but are a part of the petty production in rural areas is defined as rural labour. And the rural labour market may be defined as a system of allocating and rewarding labour. The problem of imperfection is associated with rural labour market. These markets are more imperfect because of the peculiarities of labour and the degree of imperfection may be still higher in an under develop country because of a complex set of socio-historical reason. Moreover, in many developing countries like India, the supply of workers far exceeds the demand, the result being extremely hig