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"If Congress party asks me, I would contest the Lok Sabha polls from Madhya Pradesh," he told reporters.
However, he said he would not contest the next assembly elections due in 2013.
"I will be completing ten years in November 2013 sitting in the opposition (in the state). I have decided not to contest the next assembly polls in the state", Singh said after addressing a gathering of a social organization 'Development Foundation'.
Asked about the reason behind his decision not to go contest the assembly elections, Singh said "I have represented assembly five times and two time as chief minister...now new people should come forward and be given a chance".
Pointing out that the assembly polls would be contested under the leadership of Sonia Gandhi, Singh said "Congress has a very bright future in the next assembly polls provided the party members do not bicker among themselves".
Referring to the change of guard in the BJP-ruled states of Uttarakhand and Karnataka, the former chief minister said "two wickets of CMs in Uttarkhand and Karnataka are down and it's now the turn of Shivraj Singh Chouhan".
Asked whether Congress would seek resignation of Chouhan over the "dumper" scam, the party general secretary said "no.
But I will demand that action should be ensured at the earliest in the scam in which the Lokayukta has given a clean chit to the accused BJP government".