How Assets Will Be Divided Between Ladakh And Jammu And Kashmir

The Central government on Tuesday announced the formatrion of a three-member advisory committee to supervise the division of assets between the two newly-formed Union Territories (UTs) of Ladakh and Jammu and Kashmir, which will formally come into existence on October 31, 2019. A notification issued by the Ministry of Home Affairs (MHA) said that the three-member advisory committee will include former Defence Secretary Sanjay Mitra, former IAS officer Arun Goyal and Giriraj Prasad, a former Indian Civil Accounts Service (ICAS) officer.

The division of assets between the two UTs coming into existence on October 31, coinciding with the birth anniversary of the country’s first Home Minister Sardar Vallabhbhai Patel, involves an elaborate financial and administrative exercise. A top bureaucrat here said: “The major administrative decision will involve the allotment of civil servants drawn out of the various existing services of the state for the Ladakh UT.

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