"I humbly accept defeat and congratulate the winners. We will continue to work for welfare of the people and play a positive role," Gehlot said.
"We will analyse what went wrong," he said.
"Despite carrying out tremendous development, we lost and this is a matter of analysis," the chief minister said.
Gehlot alleged the BJP's campaign was based on lies and they misled people during electioneering.
An 'undercurrent' seemed to have worked against the Congress and the opposition had managed to create an incorrect impression in minds of the voter, he said.