Telangana Delaying the Inevitable?

AP TS Assets, AP TS Assets Division, AP TS Assets Division Value, AP TS Assets Division Worth, AP TS Assets Division Share, AP TS Assets Division Percentage, AP Telangana  Assets RatioTelangana government sprang a surprise in the first meeting for the division of assets and liabilities of institutions under Section 10 of Andhra Pradesh Reorganization Act. With Supreme Court refusing to take up Telangana’s counter, in this case, the division became inevitable and the Union Home Ministry appointed a committee with both the states.

But then Telangana sprang a surprise saying that Supreme Court verdict is only applicable for Higher Education Council and not for other institutions. Telangana argued that Supreme Court’s verdict is ambiguous and they have filed a curative petition on the same. The state government clarified that they will not allow the division until the case is resolved.

Andhra Pradesh government said that the apex court mentioned about all the institutions of Section 10 and there is no way it is going to accept anything other than the division in Population basis. With both the sides not arriving on a common ground Committee chairman had decided to sit once again on October 18th. Both the sides will sit in Hyderabad before the meeting to resolve the deadlock.

In case, both the sides do not arrive at a conclusion, the center will take a stand and move forward which will be likely in favour of Andhra Pradesh according to the court’s directive. 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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