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The correct answer is option 3: providing a statutory guarantee of wage employment.
The Mahatma Gandhi Rural Employment Guarantee Act (MGNREGA) is a government scheme in India that aims to provide wage employment to rural households. It ensures that every rural household gets a legal entitlement to at least 100 days of wage employment in a financial year.
Option 1, focusing on all-round development of rural people, is not the main objective of MGNREGA. While the program does contribute to overall development by providing employment opportunities, its primary focus is on guaranteeing wage employment.
Option 2, providing wage employment in rural areas as a legal binding for State Governments, is not a correct statement. The responsibility of implementing MGNREGA lies with the central government, not the state governments.
Option 4, augmenting food security through wage employment in rural areas, is not the main objective of MGNREGA either. While the program does contribute to food security indirectly by providing wage employment, the focus is more on guaranteeing employment rather than directly addressing food security.
In conclusion, the Mahatma Gandhi Rural Employment Guarantee Act (MGNREGA) makes a paradigm shift from previous wage employment programs by providing a statutory guarantee of wage