India, Nov. 11 -- Former Member of Parliament (MP) V Vijayasai Reddy on Wednesday announced the formation of a new political party, Parivartana Rajaneethi Party (PRP), and said it would contest in 2029 all 175 Assembly constituencies in Andhra Pradesh.

Unveiling the party flag, which features a Dharma Chakra at the centre against a white and saffron background, Vijayasai Reddy said the party would seek to end dynastic politics and promote leadership among the youth.

He alleged that the political future of five crore people in Andhra Pradesh was being controlled by two families and questioned why the posts of Chief Minister, ministers and MLAs should remain under their influence.

Vijayasai Reddy said the party's objective was to identif...