Leaders from Telangana has been hell bent on their stand that union territory status for Hyderabad is unacceptable.
According to sources, GoM has authorised the Home Ministry to present the draft bill before the next Cabinet meet.
GOM held a four-hour meeting on Wednesday to decide on Telangana issue. Home Minister Sushil Kumar Shinde, who heads the GoM, said they have discussed various issues concerning the bifurcation and distribution of assets between the residuary state of Andhra Pradesh and Telangana.
"Some discussions are still left. I cannot say when the GoM will submit the report to Cabinet," he told reporters.
Gom has already held meetings with eight main parties in the region.
The GoM has held a series of meetings with leaders of eight political parties, Union ministers from Andhra Pradesh and Chief Minister N Kiran Kumar Reddy and officials in the past one month. Distribution of assets between the two states and several other issues have already been discussed, said sources.
GoM has speeded up the procedure according to instructions of Congress high command, said sources.
Once the Cabinet clears the bills, it will go to the President who in turn will refer it to Andhra Pradesh Assembly for approval. However, the Assembly resolution is not binding under the Constitution.
The Union Cabinet then can consider the Andhra Pradesh Reorganisation Bill and with Union Cabinet's approval, it will send it to the President before being tabled in Parliament.
(With agency inputs)