Thread by @PoliticalPrism_

Thread: Division of Assests during 1947 Partition of Indian Subcontinent

The independence of #Pakistan didn't come easy; it came with enormous issues & hurdles, having no parallel in history. The biggest issue/injustice faced by Pakistan was the unjust division of assets.
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The civil and military officials were left with a difficult task when Mountbatten decided on 3 June 1947 that Pakistan and India would be divided into two portions.
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The division of assets at the time of the Partition of the Indian subcontinent in 1947 was a complex and contentious process. The partition involved the creation of two new independent countries: #India and #Pakistan.
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The process of dividing assets btw #India & #Pak was based on the Radcliffe Award, which was announced on Aug 17, 1947. The award provided for the division of assets and liabilities btw the two countries based on a number of factors, incl the location of the asset & its use.
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The assets were divided into two categories: the "common pool" assets and the "separate" assets. The common pool assets included: 📌Armed Forces
📌Railways
📌Post and telegraph services
These were to be divided on a 50-50 basis between #India and #Pakistan.
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The division of Armed Forces as it would safeguard both Indian & Pakistani lands in future. After much debate, the #Airforce reserve command divided, that only 36% was to be given to Pakistan.
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Furthermore, only 7 out of 46 training establishments were in Pakistan. This division made Pakistan go through a phase of tension, and the country suffered due to this tension.
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The separate assets included:
📌Buildings
📌Furniture & other movable properties
However, the process of dividing these assets was complicated by the fact that many of them were in areas that were not clearly defined as belonging to India or Pakistan.
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The division of assets also had a significant impact on people's lives, particularly those who had to leave their homes and property behind during the migration. A large group of people had lost their homes, businesses, and possessions as a result of the division of assets.
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Similarly, another backlash faced by Pakistan was that only 5 small retail depots out of 40 ordnance depots were located in what is, now, called Pakistan.
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Moreover, another injustice faced by Pakistan in division of the assets was that the country had received only 6 out of the 14 armored regiments and 8 out of the 15 infantry regiments.
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Overall, the division of assets at the time of the subcontinent partition was a difficult and complex process that had a lasting impact on the region and its people.
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🔹️Quaid-e-Azam had addressed the division in the following words:
“The division of India is now finally and irrevocably effected. No doubt, we feel that the carving out of this great independent Muslim State has suffered injustices. (Cont)
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"We have been squeezed in as much as it was possible, and the latest blow that we have received was the Award of the Boundary Commission. It is an unjust, incomprehensible, and even perverse; and it may not be a judicial but a political award, (cont)
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but we have agreed to abide by it, and it is binding upon us. As honorable people, we must abide by it. It may be our misfortune, but we must bear up this one more below with fortitude, courage, and hope”.
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The division of assets & liabilities of the Reserve Bank of India (RBI) post-1947 remains incomplete to this day. Acc to the State Bank of Pakistan, India still owes it a little over Rs5.6 billion - mainly on account of assets held with the RBI pending transfer to Pakistan.
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