05-04-2025     3 رجب 1440

Mutual agreement forms basis of asset distribution between J&K, Ladakh: CM

March 19, 2025 | Ayaan Wani

Asserting that the distribution of assets and liabilities between the Union Territories of Jammu and Kashmir and Ladakh is being carried out through mutual understanding, J&K Chief Minister Omar Abdullah on Tuesday said the process is based on the recommendations of an advisory committee.
“The apportionment of assets of the erstwhile state of J&K was done according to the recommendations of the advisory committee constituted under the Jammu and Kashmir Reorganisation Act, 2019, and another committee formed by the government,” Omar said in response to a question by National Conference member Tanveer Sadiq in the Assembly.
Sadiq posed a supplementary question alleging discrimination against Jammu and Kashmir for receiving “fewer assets” during the distribution process.
“It is true that there has been very little investment in terms of allocation of assets to Jammu and Kashmir, but our endeavour has been to distribute assets through agreement and mutual understanding. The bifurcation of Ladakh and J&K occurred over five years ago,” the chief minister said in his response.
Omar, however, pointed out that “if we look at the case of Andhra Pradesh and Telangana, which were separated long ago, they are still embroiled in disputes over assets, even in court”.
“We did not want to go down that path. Our aim is to resolve this issue through mutual understanding despite its impact on J&K,” he said.
A significant part of the guesthouse at Chanakyapuri in Delhi has been allotted to Ladakh, resulting in limited accommodation available at the J&K House in the capital, he said.
Regarding encroachments on J&K’s assets, Omar said a property owned by the government in Delhi, measuring one kanal and 11.2 marlas, was illegally occupied by unauthorised individuals, not duly authorised by the estates office or the resident commission in Delhi.
“These individuals have been successfully evicted, and the resident commissioner now has possession of the property,” he said.
The chief minister had earlier said that financial liabilities amounting to Rs 2,504.46 crore are to be transferred to Ladakh, and the matter has been taken up with the Ministry of Home Affairs and the Ladakh administration.
On August 5, 2019, centre scrapped Article 370 and downgraded and bifurcated erstwhile J&K state into two Union Territories – Jammu and Kashmir (with legislature) and Ladakh (without legislature).

BREAKING NEWS

VIDEO

Twitter

Facebook

Mutual agreement forms basis of asset distribution between J&K, Ladakh: CM

March 19, 2025 | Ayaan Wani

Asserting that the distribution of assets and liabilities between the Union Territories of Jammu and Kashmir and Ladakh is being carried out through mutual understanding, J&K Chief Minister Omar Abdullah on Tuesday said the process is based on the recommendations of an advisory committee.
“The apportionment of assets of the erstwhile state of J&K was done according to the recommendations of the advisory committee constituted under the Jammu and Kashmir Reorganisation Act, 2019, and another committee formed by the government,” Omar said in response to a question by National Conference member Tanveer Sadiq in the Assembly.
Sadiq posed a supplementary question alleging discrimination against Jammu and Kashmir for receiving “fewer assets” during the distribution process.
“It is true that there has been very little investment in terms of allocation of assets to Jammu and Kashmir, but our endeavour has been to distribute assets through agreement and mutual understanding. The bifurcation of Ladakh and J&K occurred over five years ago,” the chief minister said in his response.
Omar, however, pointed out that “if we look at the case of Andhra Pradesh and Telangana, which were separated long ago, they are still embroiled in disputes over assets, even in court”.
“We did not want to go down that path. Our aim is to resolve this issue through mutual understanding despite its impact on J&K,” he said.
A significant part of the guesthouse at Chanakyapuri in Delhi has been allotted to Ladakh, resulting in limited accommodation available at the J&K House in the capital, he said.
Regarding encroachments on J&K’s assets, Omar said a property owned by the government in Delhi, measuring one kanal and 11.2 marlas, was illegally occupied by unauthorised individuals, not duly authorised by the estates office or the resident commission in Delhi.
“These individuals have been successfully evicted, and the resident commissioner now has possession of the property,” he said.
The chief minister had earlier said that financial liabilities amounting to Rs 2,504.46 crore are to be transferred to Ladakh, and the matter has been taken up with the Ministry of Home Affairs and the Ladakh administration.
On August 5, 2019, centre scrapped Article 370 and downgraded and bifurcated erstwhile J&K state into two Union Territories – Jammu and Kashmir (with legislature) and Ladakh (without legislature).


  • Address: R.C 2 Quarters Press Enclave Near Pratap Park, Srinagar 190001.
  • Phone: 0194-2451076 , +91-941-940-0056 , +91-962-292-4716
  • Email: brighterkmr@gmail.com
Owner, Printer, Publisher, Editor: Farooq Ahmad Wani
Legal Advisor: M.J. Hubi
Printed at: Sangermal offset Printing Press Rangreth ( Budgam)
Published from: Gulshanabad Chraresharief Budgam
RNI No.: JKENG/2010/33802
Office No’s: 0194-2451076
Mobile No’s 9419400056, 9622924716 ,7006086442
Postal Regd No: SK/135/2010-2019
POST BOX NO: 1001
Administrative Office: R.C 2 Quarters Press Enclave Near Pratap Park ( Srinagar -190001)

© Copyright 2023 brighterkashmir.com All Rights Reserved. Quantum Technologies

Owner, Printer, Publisher, Editor: Farooq Ahmad Wani
Legal Advisor: M.J. Hubi
Printed at: Abid Enterprizes, Zainkote Srinagar
Published from: Gulshanabad Chraresharief Budgam
RNI No.: JKENG/2010/33802
Office No’s: 0194-2451076, 9622924716 , 9419400056
Postal Regd No: SK/135/2010-2019
Administrative Office: Abi Guzer Srinagar

© Copyright 2018 brighterkashmir.com All Rights Reserved.