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AP, T'gana decide to expedite process of division of assets

Press Trust of India  |  Hyderabad 

A committee of officials belonging to and today decided to expedite the process of division of assets and properties between the two states in the wake of bifurcation of undivided in 2014.

The meeting was participated by Chief Secretary Kumar, his counterpart S P Singh and officials from both the states.

"It was decided to expedite division of Schedule-X institutions, which do not have land and buildings; It was decided to expedite the division of properties of A.P. Bhavan at New Delhi," a state release said.

"It was decided to expedite approval of recommendations of the Expert Committee headed by Dr. (Mrs.) Sheela Bhide, IAS (Retd.) on division of assets, liabilities & employees of institutions listed under Schedule-IX of A.P. Reorganisation Act, 2014," it said.

The meeting also decided several other issues concerning division of employees and assets between the two states.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, November 10 2017. 21:22 IST