Telangana government adopts new strategy for sharing assets

Hyderabad: The Telangana State government has adopted a new strategy to resolve the issue of sharing assets of 9th and 10th scheduled institutions. Deciding to solve these issue institution-wise, the state government has directed TS Foods and Urban Finance and Infrastructure asset management corporation officials to discuss with their AP counterparts and settle the issue.

For the last three years, the sharing of assets of 9th and 10th scheduled  institutions between the two states of TS and AP was not completed. The Central government has appointed different committees on this issue but did not yield any results. Recently, the officials of TS Foods informed the state government that the AP government is due about '98 crore towards ‘Foods’ supplied to the ICDS projects in AP till November 9, 2014.  After that, the state government has directed the TS Food  officials that the issue be followed up rigorously with the AP government. The state government also advised the TS Foods officials and  Women and Child Welfare department officials about the frozen balances in banks that the matter be pursued with the concerned banks as well as the finance department.

State government told the TS Municipal officials that the AP government will not have any share in this building. Quoting the recent central government order regarding the headquarters issue, state government has directed TS officials to discuss with their AP counterparts and settle the issue.