To divide assets, liabilities of J&K between 2 Its, Centre sets up panel

THE NEWS INDIA 24/7 NATIONAL NEWS NETWORK….New Delhi, Sep 10: With days to go before Jammu and Kashmir is made a Union Territory, the Centre has set up a panel to divide the assets and liabilities between J&K and Ladakh. J&K and Ladakh will become Union Territories on October 31. While former defence secretary Sanjay Mitra will be the chairman of the committee, retired IAS officer Arun Goyal and retired Indian Civil Accounts Service (ICAS) officer Giriraj Prasad Gupta will be its members.

“In exercise of the powers conferred by Section 84 and Section 85 of the Jammu and Kashmir Reorganisation Act, 2019, the central government hereby constitutes the advisory committee,” the home ministry notification said.

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