The NSC conducted a detailed review of the statement made by Sharif during an interview last week to Dawn newspaper in which he admitted that "militant organisations were active in Pakistan" and "such terror strikes (26/11) could have been prevented". His statement was in contrast to the response by Pakistan Muslim League (Nawaz), whose president Shahbaz Sharif earlier said that his brother's comments "were "grossly misinterpreted".
"It's absolutely unacceptable. This is exactly what we are struggling for".
Indian media seized upon the comments as proof that Pakistan has backed armed groups to attack targets in India. The participants unanimously rejected the allegations and condemned the fallacious assertions.
The former premier had made the call at a party rally in Buner Monday night, saying the guilty party, be it him for treason or those levelling allegations against him, should be publicly hanged following the commission's verdict.
The World Bank in a statement said, "In the past day, there have been media reports citing the World Bank's Remittances and Migration Report of 2016".
A series of military operations have displaced the Taliban from their former strongholds in the country's northwestern tribal districts, but sporadic attacks continue to happen.
Pakistan has come under pressure from the United States and India to do more, however, to shut down groups such as the Afghan Taliban, the Haqqani Network and Lashkar-e-Taiba, which target USA forces in Afghanistan or Indian forces in the disputed region of Kashmir.
The Indian government has long accused the Lashkar-e-Taiba (LeT) for spearheading the attacks.
It faces sanctions if it does not implement reforms by this summer.
"Unfortunately, a section of Pakistani electronic and social media has intentionally or unintentionally not only validated but has lent credence to the malicious propaganda of Indian media without going through the full facts of the statement", a party spokesperson had said.
The usual course of event during the budget discussion is for government members to shower praise on the chief minister and for opposition members to bitterly criticise it but a PPP MPA from Mirpurkhas, Khairunisa Mughal, who is considered a die hard party supporter, expressed dismay over the lack of development in her area.
The NSC also rejected Sharif 's reported comments. "State of Pakistan [and] all its institutions stand together in the global fight against terrorism".
The prime minister reiterated his support for his predecessor.
Speaking on this occasion, PTI vice chairman Shah Mehmood Qureshi said he would start meeting the leaders of opposition parties from Tuesday and place Mr Khan's demands before them to forge a national consensus on the issue.
However, Ayaz Amir, a journalist and a former member of the Pakistan National Assembly, believes Nawaz's position isn't judicious.
He alleged that Mr Sharif and his sons - Hassan and Hussain Nawaz - had business interests in India and that's why Indian businessmen like steel magnate Sajjan Jindal had visited Pakistan several times in the past and held secret meetings with the former prime minister.
"If you suggest the [government] "allowed" any action against another country then [you are] suggesting official complicity", said PPP Senator Sherry Rehman.
Sharif's embattled PML-N party, facing a number of desertions and corruption charges against its senior leadership, will take on the PTI, PPP and others in a general election in July.