Telangana Rejects the Demand of Assets by Andhra Pradesh:- After the bifurcation of Andhra Pradesh, there are several pending issues between AP and Telangana that are yet to be resolved. The government of Telangana rejected the demand made by the Andhra Pradesh government to share the assets of common institutions that are listed under the Schedules IX and X of the Andhra Pradesh Reorganization Act, 2014. The most of the assets are located in Hyderabad and the Telangana government rejected the proposal. The Telangana government only agreed to share the bank deposits of these institutions in the ratio of 52:48 as per the proportion of the population. The government of Telangana also rejected the demand of AP government that sought share in the Singareni Collieries and Company Limited (SCCL). The government will make it clear during the meeting in Delhi in the presence of the Centre to resolve the pending issues.
Somesh Kumar, the Chief Secretary of Telangana will lead the delegation of the senior officials from transport, finance, civil supplies, energy, roads and buildings along with SCCL. The pending funds are of Rs 1,51,349 crores under capital heads, Rs 28,099 crores in advances and loans, Rs 4474 crores in advances and deposits, Rs 238 crores in miscellaneous and suspense, Rs 310 crores under remittances. There are 142 institutions reported under Schedule X and they are located in Hyderabad. There are 91 institutions that are listed under Schedule IX of the AP Reorganization Act. There are thousands of crores worth of these buildings and the states are expected to resolve them at the earliest.