Foreign Office spokeswoman Tasnim Aslam said that formal invitation has been received but any decision by the prime minister to attend the ceremony on May 26 in New Delhi will be taken later today.
She indicated that it was a normal practice to nominate or depute someone on behalf of the prime minister.
Aslam said Pakistan hopes the new Indian government will realize the importance of resolving bilateral issues.
Sources within Sharif's Pakistan Muslim League-Nawaz (PML-N) said that Prime Minister wanted to normalise ties with India to promote commercial and business activities.
"He is keen to improve ties which is also the official policy of the party but he needs to take various aspects of the relations into consideration," a top PMLN leader told PTI.
He said the invitation has come at a short notice and the premier needs time to accept it.
He also said that any decision about going to India will be made by the evening after consultations with the civil and military leaders.
"If he skipped the invitation it will send a very negative message to India and the world but the acceptance may bring backlash from the hardliners and hawks who consider Modi as anti-Pakistani," said a diplomat.
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