Y.S.Jagan Launch his new party called as YSR Party today on January 5, 2011 as Former Congress MP Y S Jaganmohan Reddy today approached the Election Commission has submitted an application to register his new party, to be called YSR Party. Y V Subba Reddy, a close relative of Jagan, filed the application before the commission today and said the process is expected to take three weeks.

YS Jagan had quit the Congress in November, after months of rebellion as he struggled to come to terms with the fact that the Congress did not view him as the natural successor of his father, who died in a helicopter crash in September 2009. The application to register the YSR Party was handed over to the Election Commission by Jagan’s uncle, YV Subba Reddy.

Asked about the name of the party, Subba Reddy refused to divulge it but said it will have the name of late chief minister Y S Rajasekhara Reddy, the father of Jagan.”I cannot say what the name will be but it will have the name of late YSR. The process is expected to end in sometime after which the name of the party will be made public,” he told reporters.

Jaganmohan Reddy, who had revolted against the Congress leadership and left the party, had last week said he intends to seek re-election from Kadapa Lok Sabha seat and was not keen on destabilising the Congress government in Andhra Pradesh.

Sources said Jagan had zeroed in on two names for his new party – both around his father’s name – YSR Congress and YSR Party. But many of his supporters felt the word `Congress’ should be avoided given the acrimonious parting of ways with the Congress party. Jagan had last week said he intends to seek re-election from Kadapa Lok Sabha seat and was not keen on destabilising the Congress Government in Andhra Pradesh.

He said he has fast-tracked the process to register and launch his new political party before the bye-elections for Kadapa and Pulivendula assembly constituencies are announced. The seats were vacated by him and his mother Vijayalaxmi after they quit Congress on November 29 last year alleging “humiliation” by the party high command. Jagan has also claimed that he has no intention to destabilise the Nallari Kiran Kumar Reddy Government in Andhra Pradesh as he is preparing to face the Assembly elections in 2014.

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