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Pay Cash or Offer Land!: AP tells Telangana
By: Tupaki Desk | 15 Sep 2016 3:18 PM GMT
AP Government sought Telangana Government to pay its rightful share of 52 percent either in the form of cash or land.
As per the version of AP Government, About 38,260 crore should be divided between AP and Telangana as per the AP Reogranisation Act 2014.
Value of Land & Structures: Rs 17,001 crore
Institutions listed under Schedule X: Rs 16,070 crore
Fixed Deposits: Rs 2,970 crore
Cash Deposits in various Banks: Rs 1,663 crore
Value of Infrastructure: Rs 335 crore
As Telangana Government wasn't in a position to pay the cash, AP Government is seeking it to compensate with the land equivalent to the market value in the joint capital. This issue is going to be discussed during the crucial meeting in Delhi on September 20th.
As per the version of AP Government, About 38,260 crore should be divided between AP and Telangana as per the AP Reogranisation Act 2014.
Value of Land & Structures: Rs 17,001 crore
Institutions listed under Schedule X: Rs 16,070 crore
Fixed Deposits: Rs 2,970 crore
Cash Deposits in various Banks: Rs 1,663 crore
Value of Infrastructure: Rs 335 crore
As Telangana Government wasn't in a position to pay the cash, AP Government is seeking it to compensate with the land equivalent to the market value in the joint capital. This issue is going to be discussed during the crucial meeting in Delhi on September 20th.
