Former YSRCP Rajya Sabha member V. Vijayasai Reddy on Wednesday, 11 November 2026, launched a new political party — the Parivartan Rajniti Party (PRP) — at an event in Vijayawada, Andhra Pradesh. The party was unveiled with the slogan 'Desham Kosam Dharmam Kosam' (For the nation and dharma) and a flag featuring saffron at the top, white at the bottom, and a chakra (wheel) at the centre.

What the New Party Stands For

Addressing the launch event, Vijayasai Reddy positioned the PRP as an alternative to what he described as a political vacuum in Andhra Pradesh. 'The future of Andhra Pradesh is not in the hands of any leader but it is in the hands of its people,' he said, adding that citizens' responsibility does not end with casting a vote — they must question wrongdoing and appreciate good governance.

He said the party's core values would be patriotism, public welfare, and the protection of Andhra Pradesh's interests. Rejecting dynasty politics, he stated that the PRP would build leadership across every social group and that his goal was to 'bring out the leadership qualities among the youth' — explicitly distancing himself from any personal ambition to become chief minister.

A Swipe at TDP and YSRCP

Vijayasai Reddy claimed that the people of Andhra Pradesh are disillusioned with both the ruling Telugu Desam Party (TDP) and the opposition YSR Congress Party (YSRCP), arguing that a credible political alternative is urgently needed. This framing positions the PRP as a third force in a state where the two dominant parties have traded power for over a decade.

A Dramatic Political Journey

Vijayasai Reddy's reentry into active politics marks a sharp reversal from his earlier stated position. He had resigned from the YSRCP and from the Rajya Sabha in January 2025, declaring at the time that he was retiring from politics entirely and would not join any other party. He had also said he would remain 'forever indebted' to the YSR family, who he credited with supporting him for four decades across three generations.

A Fellow Chartered Accountant (FCA) and policy practitioner, Vijayasai Reddy served as personal auditor to the YSR family for four decades and was appointed to the Tirumala Tirupati Devasthanams (TTD) trust board during the tenure of the late Y.S. Rajasekhara Reddy (YSR). He deepened his association with Y.S. Jagan Mohan Reddy after YSR's death in a helicopter crash in 2009 and stood with Jagan when the latter broke away from the Congress party to float the YSRCP in 2010.

Legal History and Rise to Prominence

Vijayasai Reddy was named accused number two in a Central Bureau of Investigation (CBI) disproportionate assets case against Jagan. He was arrested by the CBI in 2012 and spent roughly 100 days in jail before being released on bail. Investigators had alleged he was the architect behind a network of 'shell' companies through which funds were allegedly routed into Jagan's businesses, including Jagathi Publications.

After YSRCP swept to power in Andhra Pradesh in 2019, Vijayasai Reddy rose to become the party's Parliamentary Party leader and general secretary, playing a pivotal role in managing the YSRCP's relationship with the BJP-led National Democratic Alliance (NDA). He ran for the Lok Sabha from the Nellore constituency in the 2024 general elections but lost.

What Comes Next

The PRP's immediate test will be to demonstrate organisational depth beyond the launch event. With Andhra Pradesh's next assembly elections not due until 2029, the party has a window to build cadre and establish credibility — but also a long road to prove it is more than a vehicle for one leader's political comeback.