Telangana ready to share money, not assets of 10th Schedule institutions

Hyderabad: The Telangana government is ready to share the money but not the assets of 10th Schedule-institutions listed in the AP Reorganisation Act, with AP, on population basis. While TS and AP quote the same Act, the Sections are different.

AP says that according to Supreme Court judgment, the assets of 10th Schedule institutions should be shared on population basis between the states. However, TS officials insist that there is no clarity in the Supreme Court’s judgment.

According to them, Section 75 of AP Reorganisation Act says, “Government of the state of AP or of TS, as the case may be, shall, in respect of the institutions specified in the Tenth Schedule to this Act, located in that state, continue to provide facilities to the people of the other state”. They said that the Act does not speak about the sharing of assets of 10th Schedule institutions between the two states.

Funds in banks.

AP argues that according to Section 47 and 52 of AP Reorganisation Act, the assets of these institutions should be shared between the two states. TS argument is that these two Sections are not applicable to 10th Schedule institutions but are only for government departments.

They said that the funds of APPCB were shared between the two states but not the assets. Similarly, TS is ready to share the funds of these institutions available in the banks, they said.

Sources said that the TS government has taken a firm decision on this matter and the same will be communicated at the apex committee meeting. The AP government said that the total assets and funds of 10th Schedule institutions are worth over Rs 39,000 core and claims its share amounts to Rs 24,000 crore on the basis of population.