"I can tell you that the process (for creation of Telangana) will be completed during our present tenure till 2014 in the government," Shinde told reporters during his monthly press conference here.
The Home Minister also said he met the Secretaries of various central ministries of water resources, power, finance, rural development and human resource development in order to thrash out issues related to divison of assets between the proposed Telangana and Andhra Pradesh.
He said Andhra Pradesh Chief Minister Kiran Reddy has not met him yet and hence he could not comment on the latter's stand on the bifurcation of the state.
Asked whether there was a move to control the police and law and order machinery of Hyderabad by the central government for a certain period of time, Shinde said the proposal was under consideration and no final decision was taken.
The Group of Ministers (GoM), set up to look into the bifurcation of Andhra Pradesh, will separately meet eight political parties of Andhra Pradesh on November 12 and 13 and union ministers from the state on November 18 to discuss various issues related to the creation of Telangana.
Talking about other issues, Shinde said investigations into the recent 'Gandhi maidan' blasts in Bihar's Patna, where Gujarat Chief Minister Narendra Modi held a rally on October 27, have not thrown up links to any of India's neighbours.
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