The document summarizes the key aspects of the National Rural Employment Guarantee Act of 2005. It provides the following key points: 1) The act guarantees at least 100 days of employment per year to adult members of rural households willing to do unskilled manual labor at minimum wage. 2) Employment must be provided within 15 days of application, otherwise unemployment allowance is paid. 3) Works such as water conservation, irrigation, rural roads are to be undertaken. 4) Implementation is through gram panchayats with oversight from program officers, and transparency and social audits are emphasized.