What is The Issue Between AP And Telangana on Managing Assets And Liabilities? The Andhra Pradesh government has moved the Supreme Court seeking an equitable and expeditious division of assets and liabilities between itself and Telangana, contending the actual division of assets has not even commenced more than eight years after the successor state was born. It said it has approached the top court as “Parens patriae” (parent of the nation), claiming that non division of the assets has benefited Telangana since about 91 per cent of these are situated in Hyderabad.
On the issue of assets and liabilities distribution, several bilateral meetings between the two States(AP and Telangana) as well as those convened by the Union Home Ministry failed and the Andhra Pradesh government has now approached the Supreme Court seeking “just, reasonable and equitable apportionment” of assets and liabilities.
Did You Know? Hyderabad (which is now a part of Telangana) was the capital of the combined State of Andhra Pradesh. Hyderabad was not only transformed into an economic powerhouse as a result of the ‘Capital Centric Development Model’ but also most of the institutions of governance (intended for the welfare of the people of all the regions of the State) including government infrastructure was exclusively centered in and developed around the city of Hyderabad by extensively investing resources of the combined State. |
Areas of Dispute Between Karnataka & Maharashtra on Border Issue ? | Know For UPSC
Andhra Pradesh was bifurcated and the new state of Telangana came into existence on June 2, 2014.
The AP Government is firm on the implementation of the recommendations given by the expert committee headed by retired bureaucrat Sheela Bhide for bifurcation of 89 out of the 91 Schedule IX institutions.
Accessing previous year question papers from the Chhattisgarh Judiciary provides invaluable insights and preparation opportunities…
Bihar Public Service Commission conduct Bihar Judiciary for the Civil Judge in state. Previous year…
Reviewing previous year question papers of the Arunachal Pradesh Judiciary Exam can provide valuable insights…
Thermal power plants, alternatively referred to as combustion power plants, operate by harnessing the energy…
IPS stands for the Indian Police Service, a prestigious group that collaborates with the IAS…
Navratna Companies are nine top-notch government-owned businesses in India known for their outstanding performance and…