Venumbaka Vijayasai Reddy (born 1 July 1957) is an Indian former politician who served as a Member of Parliament in Rajya Sabha from 2016 to 2025. He also served as Chairperson of the Parliamentary Standing Committee on Transport, Tourism and Culture and the National

General Secretary Secretary is a title often used in organizations to indicate a person having a certain amount of authority, Power (social and political), power, or importance in the organization. Secretaries announce important events and communicate to the org ...

YSR Congress Party The Yuvajana Sramika Rythu Congress Party (, YSRCP or YCP), often shortened to simply the YSR Congress Party, is an Indian Regionalism (politics), regional political party based in the state of Andhra Pradesh. The party was initially registere ...

. Reddy is a Chartered Accountant by profession. He is an aide to two former Chief Ministers of Andhra Pradesh: Y.S. Rajashekhara Reddy and Y.S. Jaganmohan Reddy. He is a founding and senior member of the YSR Congress Party and often considered the second-in-charge of the party. In January 2025, he announced that he would step away from active politics and resign from his Rajya Sabha seat, which was accepted on 25 January 2025.

Life and work

Venumbaka Vijayasai Reddy was born on 1 July 1957 in Tallapudi in the

Nellore district Nellore district, officially known as Sri Potti Sriramulu Nellore district in Coastal Andhra Region, is one of the 26 districts in the Indian state of Andhra Pradesh. According to the 2011 Census, the district's population was 2,963,557 of which ...

of Andhra Pradesh to an agricultural family. He completed his chartered accountancy in Chennai and has been in practice with more than 22 years of experience. He is the senior most Partner in M/s. V S Reddy SP & Associates with offices in Chennai, Bangalore, Hyderabad, and other cities of Tamil Nadu. CA Sai Reddy is married to Sunanda Reddy, and has a daughter named Neha Reddy. CA Sai Reddy served as Member of Board of Trustees of

Tirumala Tirupati Devasthanams Tirumala Tirupati Devasthanams (TTD) is an independent government trust in India managed by the Government of Andhra Pradesh. The trust primarily oversees the operations and finances of the richest and the most visited religious center Venkatesw ...

Tirupati Tirupati () is a city in the Indian States and territories of India, state of Andhra Pradesh and serves as the administrative headquarters of Tirupati district. It is known for its significant religious and cultural heritage, being home to th ...

, for two consecutive Terms (GO Rt No. 1221 dated 08.2006). He also served on the board of several state government undertakings in addition to a stint as the Director of the

Oriental Bank of Commerce Oriental Bank of Commerce (OBC) was an Indian public sector bank headquartered at Gurgaon, Haryana. It had 2390 branches and 2625 ATMs across India. In April 2020, the bank along with United Bank of India was merged with Punjab National Bank ...

Vijayasai, also financial advisor of several companies including Jagan's Group of companies and was the family auditor of former Andhra Pradesh Chief Minister late Y S Rajasekhara Reddy.

Member of Parliament

In June 2016, he was the candidate for the

Rajya Sabha Rajya Sabha (Council of States) is the upper house of the Parliament of India and functions as the institutional representation of India’s federal units — the states and union territories.https://rajyasabha.nic.in/ It is a key component o ...

seat from

Andhra Pradesh Andhra Pradesh (ISO 15919, ISO: , , AP) is a States and union territories of India, state on the East Coast of India, east coast of southern India. It is the List of states and union territories of India by area, seventh-largest state and th ...

and was elected unopposed. In 2023, he was renominated to the Rajya Sabha by the YSRC Parliamentary Party for a second term. He has been as the longest serving Parliamentary Party leader for the YSR Congress Party from 2016 to 2024, a total period of 8 consecutive years. He is currently the Parliamentary Party leader in Rajya Sabha. Until 2022, he was the Chairman of the Parliamentary Standing Committee on Commerce. He has served as the Chairman of the Parliamentary Standing Committee on Transport, Tourism and Culture from 2022 to 2023 and 2023-2024. He has been thrice nominated for the Panel of Vice-Chairpersons and chaired the Rajya Sabha on numerous occasions, Rajya Sabha and is a Member of the Business Advisory Committee, Rajya Sabha. He has introduced 30 Private Member Bills in the

Parliament In modern politics and history, a parliament is a legislative body of government. Generally, a modern parliament has three functions: Representation (politics), representing the Election#Suffrage, electorate, making laws, and overseeing ...

. As a Member of Parliament, Reddy has served on various Standing Committees: * 2016-2018: Petroleum & Natural Gas, Consultative Committee for Agriculture * 2018-2022: Subordinate Legislation, General Purposes Committee, and Joint Committee on Office of Profit * 2018-2019: Personnel, Public Grievances, Law and Justice * 2019-2022: Consultative Committee for Petroleum and Natural Gas * 2019-2020: Select Committee on the Surrogacy (Regulation) Bill, 2019 * July 2020 - June 2022, Nov. 2022 onwards: Ethics * Aug. 2021 - June 2022, Dec. 2022 - April 2023: Public Accounts * From Nov. 2022: Business Advisory Committee, Rajya Sabha * From May 2023: Public Undertakings

Electoral performance

Reddy expressed interest in contesting a direct election from the Venkatagiri Assembly Constituency when he joined politics. However, Jagan Mohan Reddy nominated him to the Rajya Sabha as an MP. He was also appointed as the Lok Sabha in-charge for the Nellore Parliamentary Constituency, and served as the YSRCP Regional Coordinator for the districts of Joint Prakasam, Joint Nellore, Bapatla, and Narasa Raopet. He was appointed the Special Representative of the Government of Andhra Pradesh in Delhi.

Lok Sabha elections 2024

YSRCP Rajya Sabha MP V Vijayasai Reddy was fielded by the ruling party at the prestigious

Nellore (Lok Sabha constituency) Nellore Lok Sabha constituency is one of the twenty-five List of constituencies of the Lok Sabha#Andhra Pradesh (25), Lok Sabha constituencies of Andhra Pradesh in India. It comprises seven assembly segments and belongs to Nellore district. As ...

for the Lok Sabha Election 2024. He was never prepared to contest in 2024 elections as his Rajya Sabha tenure is up to 2028. But he had to contest upon sudden instructions of his supremo as the existing candidate Vemireddy Prabhakara Reddy switched from YSRCP to TDP in the last minute. In a tough battle, He lost the seat to TDP's Nellore MP candidate Vemireddy Prabhakar Reddy with a small majority of 2.4 Lakh votes. Re active in 2027 elections

Awards and recognition

Reddy is a winner of the prestigious Sansad Ratna Award 2023 for his performance as a parliamentarian and was awarded by Prime Minister Narendra Modi and Parliamentary Affairs Minister Shri. Prahlad Joshi. He is also a winner of the Sansad Maharatna Award 2024 for his performance in chairing the Parliamentary Standing Committee on Transport, Tourism and Culture.

Embezzlement charges

Arrest

Vijayasai Reddy, an aide and financial advisor of

Y. S. Jagan Mohan Reddy Yeduguri Sandinti Jagan Mohan Reddy (born 21 December 1972), also known mononymously as Jagan, is an Indian politician, currently serving as the Member of Legislative Assembly (MLA) representing Pulivendula Assembly constituency in the Andhra ...

, was arrested on 2 January 2012, by

Central Bureau of Investigation The Central Bureau of Investigation (CBI) is the domestic crime investigating agency of India. It operates under the jurisdiction of the Ministry of Personnel, Public Grievances and Pensions. Originally set up to investigate bribery and gover ...

(CBI). He was the first accused to be arrested in relation to the disproportionate assets charges against Y.S. Jagan Mohan Reddy. The charges against Vijaysai Reddy include criminal conspiracheating, criminal breach of trust, falsification of accounts and criminal misconduct. In addition, he was also charged with playing a mischief role in the sale of shares, worth 533 crores, of Sandur Power Company.

Timeline of arrests and bails

* 2 January 2012: First arrest by CBI in relation to disproportionate assets against Y. S. Jagan Mohan Reddy. * 13 April 2012: Bail granted by Special Court of CBI. * 21 April 2012: Cancelled bail by High Court of Andhra Pradesh on review petition by CBI. * 23 April 2012: Surrendered in CBI Court * 30 April 2012: Granted bail by High Court of Andhra Pradesh, upholding Special Court of CBI's judgement given on 13 April 2012. * 5 June 2013: Sent to judicial custody on cancellation of bail by Supreme Court of India. * 8 October 2013: Granted bail by Special Court of CBI in Hyderabad.

References

{{DEFAULTSORT:Reddy, V. Vijaysai Living people YSR Congress Party politicians Telugu politicians 1957 births