According to the tripartite Memorandum of Understanding (MoU) signed between the Centre, Assam, and Nagaland, what is the agreed revenue-sharing arrangement for the extraction of oil resources in the disputed border region?

The correct answer is 50-50 revenue-sharing arrangement In News Union Home Minister Amit Shah hailed the signing of a historic tripartite MoU between the Centre, Assam, and Nagaland to resolve a decades-old dispute and initiate oil and gas exploration . Key Points The core of the agreement involves a 50-50 revenue-sharing arrangement between the two states (Assam and Nagaland) for the extraction of oil resources in the disputed area. The agreement is aimed at ensuring that long-standing border concerns do not hinder the extraction of national wealth and valuable natural resources. The Home Minister noted that this arrangement creates a win-win situation for the Centre and both northeastern states, reflecting the spirit of cooperative federalism . The arrangement was reached after both states agreed to set aside their differences in the larger national interest to realize the vision of an energy-independent India . Additional Information The MoU covers exploration and production across more than 1,000 square kilometres along the Assam-Nagaland border . Current extraction levels in the region are estimated at 1,000 to 1,500 barrels per day , which could increase more than tenfold under this pact. A single oil field in this region has the potential to generate recoveries exceeding ₹15,000 crore . The agreement was signed in the presence of Amit Shah , Union Petroleum Minister Hardeep Singh Puri , Assam CM Himanta Biswa Sarma , and Nagaland CM Neiphiu Rio . Important Points The MoU is seen as an exemplar of India’s unity and a breakthrough that opens the door for mineral exploration and mining across the entire Northeast. By harnessing these reserves, India aims to substantially reduce dependence on energy imports .