Consider the following statements regarding the Right to Fair Compensation and Transparency in Land ...........

Indian Political System(PCS) FR, DPSPS and Duties

Consider the following statements regarding the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013

It is mandatory to carry out Social Impact Assessment Study in consultation with the Panchayat, Municipality or Municipal Corporation.
The Social Impact Assessment Study should be completed within three months from the date of its commencement.
Public hearing to ascertain the views of affected families for Social Impact Assessment is mandatory.
There is no exemption from undertaking Social Impact Assessment Study even when the land is proposed to be acquired under urgency clause.

Which of the above mentioned statements is/are not correct?

This questions was previously asked in

PCS Previous year General Studies paper (2013)

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Explanation:

The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (also Land Acquisition Act, 2013) is an Act of Indian Parliament that regulates land acquisition and lays down the procedure and rules for granting compensation, rehabilitation and resettlement to the affected persons in India. The Act has provisions to provide fair compensation to those whose land is taken away, brings transparency to the process of acquisition of land to set up factories or buildings, infrastructural projects and assures rehabilitation of those affected. The Act establishes regulations for land acquisition as a part of India's massive industrialisation drive driven by public-private partnership. The Act replaced the Land Acquisition Act, 1894, a nearly 120-year-old law enacted during British rule.