"The Bill has been vetted by the Law Ministry... It is likely to go to the President early next week. We hope that sometime next week the President will give his approval," Ramesh, a key member of the Group of Ministers (GoM) on Andhra Pradesh Reorganisation issue, told reporters here.
The day President gives his approval to the Bill is called the 'notified date' and the day two Chief Ministers are appointed is called the 'appointed day', he said.
The 'appointed day' for formation of Telangana will be so fixed to enable the satisfactory completion of preparatory work relating to division of assets and liabilities, he said.
"Prime Minister has said the 'appointed day' for the formation of the new state will be so fixed in relation to the notified date so as to enable preparatory work for division of personnel, division of assets and liabilities and other preparatory work," he said.
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Noting that there is an impression that Congress has pushed the Bill through with an eye on upcoming elections, he asserted that it is far from true and pointed out that the Telangana demand had been there for the last about 60 years.
Ramesh dismissed allegation that the Bill is "unconstitutional".