In a significant development, NCP president Sharad Pawar announced that he will step down from his position later today
During the release of his autobiography, he announced his retirement. "Lok Majhe Sangaayi - Political Autobiography"
Pawar stated that it was time for a new generation to guide the party and its future direction
Sharad Pawar's announcement came amid speculation about a schism within the NCP
Mr. Pawar's party cadre urged him to reconsider his decision shortly after he announced it.
However, the Rajya Sabha member assured that he would remain active in public life for the next three years
His announcement was met with shock, with many people breaking down in tears and raising slogans in his support
The NCP leader also announced the formation of a committee to select the party's next president