Explanation:
According to Article 297 of the Indian Constitution, all lands, minerals and other things of value under the ocean within the territorial waters, continental shelf, exclusive economic zone (EEZ), and the seabed shall vest in the Union of India.
This includes:
- Petroleum
- Natural gas
- Valuable minerals
- And other natural resources beneath the sea.
States have no ownership rights over these resources, even if they lie adjacent to the ocean.
Conclusion:
Ownership of resources under the sea within territorial waters rests solely with the Central Government.
Hence, the correct answer is (B) Union of India.
Explanation by: Admin
According to Article 297 of the Indian Constitution, all lands, minerals and other things of value under the ocean within the territorial waters, continental shelf, exclusive economic zone (EEZ), and the seabed shall vest in the Union of India.
This includes:
- Petroleum
- Natural gas
- Valuable minerals
- And other natural resources beneath the sea.
States have no ownership rights over these resources, even if they lie adjacent to the ocean.
Conclusion:
Ownership of resources under the sea within territorial waters rests solely with the Central Government.
Hence, the correct answer is (B) Union of India.