Punjab Assembly on Thursday elected Muhammad Shahbaz Sharif as 24th Chief Minister (CM) of Punjab for the third time with 300 votes while his sole rival from PTI, Mehmood ur Rasheed got 34 votes.


Polling for the Chief Minister was held during the Punjab Assembly session with Speaker Rana Muhammad Iqbal Khan in the chair here.


PML-N and PTI had nominated Muhammad Shahbaz Sharif and Mian Mehmood ur Rashid respectively as candidates for the slot of Chief Minister, while PPP had already decided not to take part in the election.


Addressing the assembly after election, he said he will never hurt the confidence of the people and work hard to for the progress and prosperity of the masses.


He said the circular debt amounting of 500 billion rupees can be overcome by checking the electricity theft of 207 billion rupees annually.


The chief minister-elect said the load shedding has destroyed the agricultural as well as industrial sectors.


He said this has also affected our exports and foreign exchange reserves have dwindled to 5 to 6 billion dollars‚ which is an alarming situation. Therefore‚ all the resources will have to be utilized to end the menace on war footing.


Shahbaz Sharif assured that his government will explore all possible sources including coal to generate electricity and will also complete the pending power projects including Nandipur and Chichu Ki Malyan on priority basis.


He said his government will give solar powered tube wells to the small farmers to increase the agriculture yield. He vowed to end the “Thanas and Patwari” culture in Punjab by 2014.


He said new educational institutes will be established to promote quality education in the province. He said providing education to every child is the mission of his government.


He thanked the members for reposing confidence in him and said he will take the House as well as the opposition along on all matters of national importance.