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New Delhi, Jul 20: banking facilities through opening postal savings bank account and another 56 lakh saving accounts with state owned or cooperative banks have been opened in the rural areas. During 2007-08, Rs 10,738.47 crore was paid as wages under NREGA to more than 3.3 crore households out of the total expenditure of Rs 15,856.89 crore.
Under the memorandum of understanding earlier signed with department of post and ministry of rural development, the payment of wages to the workers under NREGS must be done within the statutory time of 15 days after the work is done. The rural development ministry will pay an advance of Rs 50 per account prior to the opening of account....
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