andhra-pradesh-telangana-assets-sharing-status-progressAndhra Pradesh had knocked the door of the Center for one last time before going back to the Supreme Court over the sharing of assets of 10th Schedule institutions. Telangana proved to be non co-operative in the division of assets according to the population ratio, even after the Supreme Court’s directive.

With Telangana not cooperating, AP government will be writing to the chairman of Apex Committee, in this case the additional secretary, Union home ministry over the issue reminding its responsibility to interfere at resolve the issue according to the directive of the Apex Court. The center will take the opinion of the attorney general and resolve the issue.

Central government is treading carefully on this issue as it will hinder the political position of BJP in Andhra and Telangana. It is only asking for the states to arrive at a common ground. If there is no response from the Center even after this letter, Andhra Pradesh may be left with no option but to approach the Apex Court once again.

There are 142 institutions under this Section and their total assets value is going to be 36835 Crore which includes lands, buildings, bank deposits and others. This 36835 Crore if divided, Andhra Pradesh will get 21,364 Crore while Telangana will get 15,471 Crore in population ratio. Out of the 36835 Crore, buildings and lands worth 28,046 Crore are in Telangana, more precisely in Hyderabad. The remaining 3650 Crore worth assets are in Andhra Pradesh. Remaining is in the form of bank deposits. Andhra Pradesh will have to lose about 14000 Crore if Telangana’s argument of division on geographical basis stands.