Assets Tussle to Reach Supreme Once Again

AP Telangana, AP Telangana Assets Bifurcation, AP Telangana Assets Bifurcation Tussles, AP Telangana Assets Bifurcation Tussle, AP Telangana Assets Bifurcation Conflict, AP Telangana Assets Bifurcation Supreme Court Dispute,Yet another meeting between both the Telugu States in the presence of the Center remained inconclusive over the division of assets and liabilities of institutions under Section 9 and 10 of Andhra Pradesh Reorganization Act. While there are clear instructions by the Supreme Court that all the institutions have to be decided, Telangana government is interpreting it in a different way.

The state government says the verdict is confined only to AP high education council and not all the institutions. Andhra Pradesh government has submitted the details of the Higher Education Council in a way how it should be bifurcated according to the Population Ratio. Telangana government had sought one week time to get back on that.

On the other side, Center has decided not to take any stance 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 while the Supreme Court asked it to resolve the issue. Center is planning to take a written statement from Telangana government and submit it to court if the apex court takes up the issue once again. Given that the issue is going nowhere due to reluctant Telangana and unconcerned Center, AP government is planning to knock the door of the 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.

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