He is an aide[3] to two formerChief Ministers of Andhra Pradesh:Y.S. Rajashekhara Reddy andY.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.[4][5] 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.[6][7]
Venumbaka Vijayasai Reddy was born on 1 July 1957 in Tallapudi in theNellore district 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.[8]
CA Sai Reddy is married to Sunanda Reddy, and has a daughter named Neha Reddy.
Vijayasai Reddy was on the Board of Trustees for the Tirumala Tirupathi Devasthanams, Tirupati
Vijayasai, also financial advisor of several companies including Jagan's Group of companies and was the family auditor of former Andhra Pradesh Chief Minister lateY S Rajasekhara Reddy.[9]
V. Vijayasai Reddy taking the oath administered by Shri M. Hamid Ansari in 2016
In June 2016, he was the candidate for theRajya Sabha seat fromAndhra Pradesh and was elected unopposed. In 2023,[10] he was renominated to the Rajya Sabha by the YSRC Parliamentary Party for a second term.[11]
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.[12] He is currently the Parliamentary Party leader in Rajya Sabha.
Until 2022, he was the Chairman of the Parliamentary Standing Committee on Commerce.[13] He has served as the Chairman of the Parliamentary Standing Committee on Transport, Tourism and Culture from 2022 to 2023 and 2023-2024.[14][15][16] He has been thrice nominated for the Panel of Vice-Chairpersons[17] and chaired the Rajya Sabha on numerous occasions,[18] Rajya Sabha and is a Member of the Business Advisory Committee, Rajya Sabha.[19][20]
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.[23] He was also appointed as the Lok Sabha in-charge for the Nellore Parliamentary Constituency,[24] and served as the YSRCP Regional Coordinator for the districts of Joint Prakasam, Joint Nellore, Bapatla, and Narasa Raopet.[25]
He was appointed the Special Representative of the Government of Andhra Pradesh in Delhi.[26]
YSRCP Rajya Sabha MP V Vijayasai Reddy was fielded by the ruling party at the prestigiousNellore (Lok Sabha constituency) for the Lok Sabha Election 2024.[27] 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.[28][29]
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.[30] 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.[31][32]
Vijayasai Reddy, an aide and financial advisor ofY. S. Jagan Mohan Reddy, was arrested on 2 January 2012, byCentral Bureau of Investigation (CBI).[33] 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.[34]
