Correct option is A
The correct answer is (a) 1894
Explanation:
· The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (also known as LARR Act) replaced the colonial-era Land Acquisition Act of 1894.
· The 1894 Act was criticized for its "Urgency Clause" and lack of provisions for the rehabilitation and resettlement of displaced persons.
· The 2013 Act introduced mandatory Social Impact Assessment (SIA) and required the consent of 70% to 80% of affected families for certain projects.
· It ensures compensation up to four times the market value in rural areas and twice the market value in urban areas.
Information Booster:
· The Act aims to provide a transparent process for land acquisition for industrialization and infrastructure.
· It is the first law that links land acquisition with the mandatory rehabilitation of those whose livelihoods are affected (not just landowners).
Additional Knowledge: (b) 1919 / (c) 1972 / (d) 1947: These years do not correspond to the primary central Land Acquisition Act that governed India for over a century before the 2013 reform.