Hi salil87!
The transistor in your single stage is biased by what? Usually it is said that by current source, but i think it is biased by the gate voltage, then Vgs -Vt is constant, if you want to change the value of Id, you just change the value of ratio W/L, in this case Id is changed, but the current source current actually is constant. ( It can be changed by another way by changing the value of Iref, because if you change the Iref, the Vg of this transistor also will be changed).
Hope this help!
Regard.