Question

Which of the following reverse(s) the process of primitive accumulation in India?

• A. NREGA
• B. The Land Acquisition Act of 1894
• C. Special Economic Zones
• D. Microfinance lending

Hint:

Policies that enhance livelihood security and economic inclusion counter primitive accumulation.

Answer 1

The Correct Option is A, D

Step 1: Meaning of primitive accumulation.
Primitive accumulation refers to the historical process of dispossessing people of land and resources to create a labor force for capitalism.
Step 2: Evaluation of options.
The Land Acquisition Act of 1894 and Special Economic Zones facilitate dispossession and therefore promote primitive accumulation.
NREGA provides wage employment and livelihood security, helping reduce dispossession.
Microfinance lending supports small-scale economic activity and financial inclusion among the poor.
Step 3: Conclusion.
Thus, NREGA and microfinance lending act against or reverse the process of primitive accumulation.