Correct option is D
The correct answer is (d) (A), (B) and (C)
Explanation:
• The LARR Act, 2013 replaced the colonial-era Land Acquisition Act of 1894 to ensure fair compensation and transparency.
• Social purposes (A) include land for educational, health, and social welfare institutions or for providing housing to the poor.
• Projects for affected families (B) involve acquiring land to rehabilitate and resettle people displaced by other infrastructure projects.
• Public–Private Partnership (PPP) projects (C) are covered under the Act provided the ownership of the land remains with the Government.
• For PPP projects, the consent of 70% of affected land-owning families is required, whereas for private projects, 80% consent is needed.
• The Act mandates a Social Impact Assessment (SIA) before any land acquisition can take place.
Information Booster:
• Compensation for rural land is four times the market value, and for urban land, it is twice the market value.
• The Act ensures that the "right to fair compensation" is balanced with the need for national development.