"The final rituals of the last rites would be performed next year when Punjab goes to polls," the SAD leader said in a statement here.
"Another major lesson from these elections is that people of the country are favouring parties which have a strong federal ideology. That is why in both West Bengal and Tamil Nadu, regional parties have performed strongly and the trend is certain to continue in Punjab," Badal said.
Badal leads a SAD-BJP alliance government in Punjab, which goes to polls next year.
In Punjab, "massive and all round development" in rural and urban areas and poor-people friendly welfare policies have resulted in a strong "pro-incumbency wave", he claimed.
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The Chief Minister said the Opposition parties in Punjab are destined to remain in opposition for a long time.
"Their mindset is anti-people because they believe people have punished them and rewarded the SAD-BJP with mass support. This vengeful attitude towards the people is going to ruin both the Congress and the AAP," he said.
Badal said the election results also showed that peace, communal harmony and development still remain the principal agenda for the people.
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Hailing BJP's victory in Assam, former Himachal Pradesh chief minister and Opposition leader Prem Kumar Dhumal and state party chief Satpal Singh Satti termed it as "historic and spectacular".
"The victory in Assam has proved that the acceptability of the BJP has been enhanced in the entire country," they said.