The 31,852 allocation has gone.
The allocation has been relatively stable for five years.
"Allocation has been a very tricky issue," Ms. Kindell said.
That allocation has returned 9 percent so far this year.
BlackRock Global Allocation has 16 percent in cash and 4 percent in gold.
Their allocation has been progressively whittled down, but still stands at a useful 38 seats.
That allocation has declined from $21 million a few years ago, he said.
And the allocation has to include traditional services like the air shuttles to Boston and Washington, he said.
Vidarbha is not the only area where water allocation has become a flashpoint between farmers and the government.
Except for the sum available for salaries, which is set apart, board officials contend that their allocation has not been increased in about 15 years.
"We have found that Wall Street's consensus equity allocation has historically been a reliable contrary indicator," said Audrey Kaplan, a quantitative strategist at Merrill Lynch.
