Consider the following statements: Statement I: In India, State Governments have no power for making rules for grant of concessions in respect of extraction of minor minerals even though such minerals are located in their territories. Statement II: In India, the Central Government has the power to notify minor minerals under the relevant law. Which one of the following is correct in respect of the above statements?
Explanation:
Statement I is incorrect because State Governments are empowered to make rules for the grant of concessions for minor minerals within their territories under the Mines and Minerals (Development and Regulation) Act, 1957. Statement II is correct because the Central Government has the authority to notify and define what constitutes 'minor minerals' under the same Act. Therefore, Statement I is not correct but Statement II is correct.