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He, however, thanked the opposition leaders for proposing his name as their candidate for the polls next month.
In a statement released by his party, the Lok Sabha member said he was honoured that his name was proposed by West Bengal Chief Minister Mamata Banerjee as a possible joint opposition candidate for the office of President of India.
“Subsequent to Mamata didi proposing my name, I have received a number of calls from opposition leaders offering their support for my candidature,” Abdullah said in a statement.
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“I am deeply touched by the support that I’ve received and honoured to have been considered for the highest office in the country. I believe that Jammu and Kashmir is passing through a critical juncture and my efforts are required to help navigate these uncertain times,” he said.
The former Jammu and Kashmir chief minister said he believed he has a “lot more active politics ahead of me and look forward to making a positive contribution in the service of JK and the country”.
“Therefore, I would like to respectfully withdraw my name from consideration and I look forward to supporting the joint opposition consensus candidate,” the NC statement said, conveying his gratitude to Banerjee and all the senior leaders who offered their support.