Prime Minister Manmohan Singh's announcement that he will not seek a third term could effectively result in a Narendra Modi versus Rahul Gandhi contest in this year's Lok Sabha elections, analysts said and noted that Aam Aadmi Party (AAP) would also make its presence felt in the polls through its rising star, Arvind Kejriwal.

The prime minister's remarks at his press conference Friday that he will give "the baton" to a new PM after 2014 elections has set the stage for Congress leaders expressing their desire to see the party vice president Rahul Gandhi in the chair after Manmohan Singh.

The prime minister had also stated that Gandhi had "outstanding credentials" to be the prime ministerial candidate.

Though suggestions have been made in the past by Congress members about projecting Gandhi, 43, as the prime ministerial candidate, the party has not taken a firm decision on the issue. All that it has stated is that the prime ministerial candidate will be declared at an "opportune time".


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