Senior Congress MP Rayapati Sambasiva Rao is not optimistic about Congress Working Committee reversing its decision to form a separate Telangana state in response to resignations by MPs and widespread protests in coastal Andhra and Rayalaseema.
"However, the process has slowed down", he said.
Speaking to reporters at his Laxmipuram camp office here today, he admitted that Congress MPs had given a blank cheque to Sonia Gandhi in the fervent belief that she was opposed to the division of Andhra Pradesh.
"We committed a mistake," he said.
He said that since Hyderabad is the hub of the infotech sector and the pharmaceutical industry, bifurcation would deny job opportunities to youth from Seemandhra region.
He was evasive about whether they would launch a new political party and on which party ticket he would contest the 2014 general election.