Chandigarh: Putting an end to the speculation about his next political move, former Chief Minister of Punjab Amarinder Singh has announced that he will float a new political party ahead of Assembly elections in the state next year.

“Many leaders have expressed their desire to join our party, name of the party will be revealed as soon as possible. The party will be launched soon”, Mr. Singh told media persons here on Wednesday.

Mr. Amarinder Singh said that his new party will contest all 117 assembly seats in Punjab and that he has applied for a party name and a symbol, and an announcement will be made after the Election Commission's approval.

Question on his party post-poll alliance with BJP, former Punjab CM said, his party will provide issue-based support and has an open mind for seat-sharing arrangements, if ongoing farmers protest against three agricultural laws was resolved in their interest.

"I never said that I will align with the BJP. All I said was that I, my party, will look for a seat-sharing agreement,", Mr. Singh said and added that his main aim was to defeat Akali Dal AAP and Congress".

Meanwhile, Mr. Singh has presented a manifesto listing his achievements as the Punjab Chief Minister. He said that he has fulfilled 92 percent of the promises made in the 2017 assembly elections.

Reacting to Mr Sidhu's critical tweets, Mr Singh said that the state Congress chief "knew nothing" and "just talks on tweets".

Mr. Amarinder Singh has resigned as the CM of Punjab after-party high command asked him to step down. He resigned to CM post after internal fight in Congress intensified. Punjab Congress Chief Navjot Singh Sidhu demanded his resignation. Party high command has appointed Charanjit Singh Channi as the new chief minister of the state.