Chief Secretaries of two Telugu States are meeting on Monday at APIIC office in Mangalagiri to discuss pending bifurcation issues. This meeting will be in continuation to the earlier meeting of two Chief Ministers held in Hyderabad. This time, they are likely to focus on about Rs 8,000 crore funds locked up in the accounts of joint government institutions.
As both the states are facing financial problems, AP CM Chandrababu Naidu has advised his counterpart Revanth Reddy to resolve this issue amicably so that to benefit both the states. As both the states failed to come to a conclusion, that money remained unrealized in bank accounts.
Moreover, the Telangana government is seriously considering Chandrababu Naidu’s request to allot three of its buildings in Hyderabad for the utilization of AP government. In this meeting, Telangana Chief Secretary is likely to convey her government’s decisions on the proposals made by Chandrababu Naidu in the earlier meeting.
On July 5 this year, the two Chief Ministers Chandrababu and Revanth discussed several key issues in the meeting held in Hyderabad between them. The discussion was mainly focused on the institutions mentioned in Schedules 9 and 10. The funds in their accounts are being discussed.
The Center has already suggested that the two states should resolve these issues among themselves. After the meeting of the two Chief Ministers, the Center has released more than Rs 2,000 crores of funds in the electricity dues from Telangana to AP. More funds are yet to come.
There is a chance to discuss this issue in today’s meeting also. Chandrababu has already asked Revanth to take a decision on the total dues of Rs 7,200 crore. The main discussion will be on the distribution of loans of 15 EAP projects between AP and Telangana.
The mutual exchange of employees was also discussed in the meeting of the two Chief Ministers. A decision has already been taken on the relief of Telangana employees from AP. Along with this, it seems that there is a possibility of discussing and coming to a decision on the distribution of professional tax. The issue of repayment of expenses of joint institutions in relation to the two states will also be discussed.
