There is a strong speculation making rounds from the last few months that CM Kiran Kumar Reddy is all set to float a new political party keeping the Seemandhra vote bank in mind.
Now, the latest update is that he is all set to submit his resignation from the Congress party and his CM post.
Though earlier, it is said that Kiran will be resigning only after witnessing T-issue in parliament, now it is being said by official sources that he is going to resign on 13th despite T-Bill hitting Lok Sabha on 18th.
Sources reveal the date has been fixed since that is the last working day of Assembly here in AP.
And this would be followed by Kiran launching his new outfit named as ‘Jai Samaikyandhra Party’.
Recently it was reported that Kiran is getting backing from big guns like Lagadapati Rajagopal and others.
Yesterday, the six MPs getting suspended from the Congress party acts as a precursor to Kiran’s new party.
