Telangana set to become 29th state of India; Rajya Sabha gives nod
Source: Hindustan Times
As demanded by Congress president Sonia Gandhi on Wednesday, Seemandhra will be a special category state for five years, thereby addressing the BJP's main concern that Seemandhra region shall be adequately compensated when the state is split.
"The announcement will demonstrate the government's steadfast commitment to creation of Telangana and to continued prosperity for Seemandhra," the PM said.
He said the resource gap in successor state of Andhra Pradesh in the first year will be compensated in the regular Union Budget for 2014-15.
Besides, the PM said, the day appointed for the formation of the new state will be fixed in relation to the notified date in a way that will enable preparatory work in various respects.
Read more: http://www.hindustantimes.com/india-news/telanganathetroubledstate/rajya-sabha-passes-telangana-bill/article1-1186266.aspx