YS Sharmila, the daughter of former Chief Minister late YS Rajasekhara Reddy and sister of present Andhra Pradesh Chief Minister YS Jagan Mohan Reddy, is likely to form a political party and make a political entry into Telangana politics ahead of the 2023 state Assembly polls, informed sources.
Sharmila will be holding a meeting with the loyalists of her late father at her residence in Lotus Pond in Hyderabad on Tuesday to discuss the matter, sources said.
"The meeting is being held to discuss the possibility of Sharmila floating a new political party in Telangana, with the support of her father's loyalists in the state," the sources said.
The Assembly polls for 119 seats in Telangana state are scheduled to be held in 2023.
In the 2018 Assembly polls, the Telangana Rashtra Samithi emerged victorious, securing 88 seats in the House.