Employment opportunities have been increasing drastically in recent decade. In one or the other way, it is the impact of the globalization which has led to concentration of growth and development in urban areas in terms of development of industrial and service sectors. But with compared to other sectors, primary sector has failed to capture the fruits of globalization due to its long gestation. Any of the development oriented programmes and growth oriented policies if fail to improve the performance of the primary sector may be considered as failure of the programmes and policies in reaching the majority of the people dependent on agriculture, especially in developing countries like India. In this background the present study is an attempt to evaluate the effectiveness of MGNREGA programme in Bagalkot district of Karnataka state. Out of seven blocks I have chosen one block namely  Mudhol, from this block tow grama panchayats in proportion to their numbers in each block were selected. In all 91 sample respondents are selected through Simple Stratified random sampling method ensuring representation to every selected gram panchyat. The present study focuses on the impact of this programme on the socio-economic conditions of the rural economy in Bagalkot district of Karnataka state

KEYWORDS: MGNREGA, Rural Economy, Scoio-Economic Condition, Asset Creation